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Board hears midyear budget report; staff urges reserve-target changes as supervisors warn of structural deficit
Summary
County staff presented a FY24–25 midyear report showing a projected $37.7 million fund balance and anticipated revenue pressures (Prop 172 down ~$1.7M, $3.3M Sonoma contract loss). Staff recommended adjustments and a policy change to set general-reserve targets at two–three months of operating revenues; the board asked staff to return with a public listing of programs vulnerable to federal funding cuts and adopted the reserve-policy changes unanimously.
County budget staff presented the FY24–25 midyear financial report and recommended budget and position adjustments, warning of revenue pressures and structural budget risk.
Emily Combs, the county budget officer, reviewed midyear projections: overall midyear projections show reductions in net county costs compared with the working budget but staff still anticipate ending the fiscal year with roughly $37.7 million in fund balance. The presentation flagged a projected $1.7 million decline in Prop 172 public-safety revenues and a $3.3 million loss of…
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