Title
Approval of Budget Revision 2026-28 Midyear Grant Budget Adjustment to Align Budget With Multiple Awarded Grants for Fiscal Year 2026
Recommended Action
I move that Council approve Budget Revision 2026-28 and include Attachment A as part of minutes of this meeting.
County Manager's Recommendation
The County Manager recommends that Council approves budget revision 2026-28 as requested.
Body
Each year, the Finance Division, along with departments who receive grant funding from outside sources, reconcile grant amounts received. This process, also, is in line with the final completion of the Annual Comprehensive Financial Report (ACFR) and the annual audit. Often times these grants carry over from one fiscal year to the next or the funds are received in the following fiscal after the award was granted. The reconciliation aligns the budget with these items.
Attachment A breaks down each grant by the grant name and amount being adjusted to align with the awarded grant. Revenue's total $6,908,711 and Expenditures total $2,567,532 for a net of $4,341,179.
Alternatives
Council could choose not to approve some or all of the attached budget adjustment. The impact would be that related projects or programs may not occur or existing operations may be negatively impacted.
Fiscal and Staff Impact/Planned Item
The fiscal impact is detailed in Attachment A.
Attachments
A - Budget Revision 2026-28