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Board approves year‑end budget adjustments, authorizes contingency for VCMC loan headroom
Summary
Supervisors unanimously approved multiple year‑end adjustments and loans, including additional transfers for energy programs, mountain fire cleanup overages and a $300 million headroom authorization for the ongoing Ventura County Medical Center (VCMC) general fund loan.
The Board of Supervisors unanimously approved a package of year‑end budget adjustments and loan carryovers on June 24, including funding and appropriation changes for energy programs, wildfire cleanup, courthouse funds and a contingency for the county’s ongoing loan to Ventura County Medical Center (VCMC).
Assistant Chief Financial Officer Mark Soel summarized 15 year‑end items requiring board action. Highlights included: a $4.5 million appropriation and revenue authorization for the…
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