Laserfiche WebLink
Exhibit A Page I <br /> EXHIBIT A <br /> NARRATIVE SUMMARY OF.BUDGET AMENDMENTS <br /> OPERATING BUDGET FY 2021-22 <br /> GENERAL FUND <br /> REVENUES: <br /> Real Property Tax revenues have been adjusted to reflect changes in valuations <br /> offset by a reduction in expected delinquencies of tax collections during FY22 due to <br /> an improving economic outlook as progress continues to be made towards <br /> combatting COVID-19. <br /> The Vehicle Registration and Licensing division's PMVI and CDL Program Income <br /> grant revenues were adjusted to reflect revised forecasts. <br /> The Planning Department adjusted Coastal Zone Management (CZM) grant revenue <br /> projections to match revised estimates. <br /> The Office of the Prosecuting Attorney eliminated grant revenues for their Agriculture <br /> Crimes Project upon receiving notification from the State that the grant would be <br /> discontinued. <br /> A federal grant for the Home Program was added, as was the Federal Housing Trust <br /> Fund grant. The Home Program — Program Income has also been adjusted to <br /> reflect an increase in funding while the DBEDT Social Trans grant was eliminated <br /> due to the loss of state funding. <br /> Fund Balance Reserve for Liquor was adjusted to reflect recalculated forecasts <br /> based on current information as was the General Fund's Fund Balance From the <br /> Previous Year. Gas and oil charges and Environmental Management Department <br /> Admin Charges were also revised to reflect recalculated forecasts. <br /> Miscellaneous Rent was adjusted to reflect a revised forecast factoring in the <br /> Department of Liquor Control's move out of a County-owned office. <br />