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Board approves $81.3 million in one-time allocations from 2023–24 general fund surplus
Summary
The Board voted 5-0 to allocate the June 30, 2024 available general fund balance of $81.3 million to reserves, parks, airport planning, zoo planning and other one-time capital needs as recommended by the County Administrator’s Office.
The San Joaquin County Board of Supervisors voted unanimously Jan. 14 to allocate the county’s fiscal year 2023–24 available general fund balance of $81.3 million to a set of one-time reserves and capital funds recommended by the County Administrator’s Office.
Chief Deputy County Administrator Jennifer VanStein and Assistant CAO Brenda Kiley presented the year-end summary. Departments ended fiscal 2023–24 about $57.7 million under budget on operations while general-purpose revenues — notably property and sales taxes — finished about $40.2 million…
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