Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the County Budget topic
No spam. Unsubscribe anytime.
Inyo County third-quarter budget review: staff recommend modest transfers, reserve authorization amid federal uncertainty
Summary
County administration told the Board of Supervisors May 27 that third-quarter budget adjustments reallocate revenues and expenditures across funds, use contingencies to cover class-and-comp implementation and propose authorization for up to $700,000 to be moved to reserves at year-end.
County Administrative Officer Nate Greenberg and the budget team presented the fiscal year 2024–25 third-quarter financial report to the Inyo County Board of Supervisors on May 27, calling the report a year-end "health check." Greenberg described roughly $1.09 million of revenue adjustments and $1.24 million of expenditure changes, resulting in a net change of about $151,669 in non-general-fund net county cost while the general fund net county cost decreased.
Greenberg and Budget staff described the largest adjustments as concentrated in non-general funds: a near $1.9 million increase in roads revenue, a $400,000 increase in a capital allocation to cover public-defense and potential venue-change costs, and a $172,000 recycling/waste-management increase. On the revenue side, federal grant apportionments for mental-health block grants and ELC funding reflected small declines.
On the expenditure side, the county used about $270,000 from personnel contingencies to cover part of the cost of implementing a class-and-compensation study; the sheriff’s general budget was increased about $381,000 to cover motor-pool and vehicle transition costs, which staff said were absorbed within the sheriff's overall budget rather than by the general fund. The report would preserve contingencies of about $775,000 after the recommended adjustments.
Because of lingering state and federal funding uncertainties and the potential legal costs tied to pending homicide trials, staff recommended the board authorize the CAO and auditor to transfer up to $700,000 from contingency to reserves at year-end, with the auditors and CAO making the final call before certification of fund balance. Greenberg described that as a flexible approach that allows a last-period assessment before locking funds away for next year.
Supervisor discussion focused on conservative budgeting and clarity about fund flows and encumbrances. Greenberg and finance staff emphasized that much of the third-quarter movement represents encumbrance rollovers and internal rebalancing of fund accounts rather than new recurring general-fund spending.
The board approved the recommended third-quarter adjustments and gave staff authority to make the year-end adjustments per the recommendation.
