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Board approves $10.6 million in one-time allocations from FY24-25 unassigned fund balance
Summary
County finance staff identified about $10.6 million in unassigned year-end fund balance and the Board approved one-time allocations for facilities, affordable housing, homelessness services, immigration services, Sir Francis Drake design work, and fixed-term DPW and CDA implementation costs.
The Marin County Board of Supervisors approved proposals to allocate approximately $10.6 million in unassigned year-end general fund balance from fiscal year 2024-25 to one-time uses.
Finance staff advised the board that the funds resulted from higher-than-expected revenues and lower-than-anticipated expenditures in the prior fiscal year. The recommended allocations include investments in facilities modernization, affordable housing and homelessness supports, continued immigration services funding, design work on Sir Francis Drake corridor improvements, and fixed-term staffing and one-time expenses for the Department of Public Works and the Community Development Agency to implement organizational assessments and implementation plans.
Staff emphasized these are one-time uses consistent with the board's fiscal policies and that any staffing or contracting changes will return to the board for formal approval. The board approved the allocations by voice vote.
Next steps: staff will implement the appropriation adjustments and return for any required contract or staffing approvals.
