Amended due to impact of COVID-19 pandemic and fire.
By June 2023, the County Administrative Office will develop a fiscal resiliency plan for the 2022-23 Budget that sustainably eliminates deficits in the five-year General Fund forecast and identifies strategies to fund capital needs.
|Update the County's five-year General Fund forecast and concurrently develop future capital funding gaps.
||Develop strategies and best fiscal practices to sustainably fund operations and meet capital needs.
||Collaborate with County leadership to complete the financing plan.
||Implement Board-approved operational plan and policies on long-term capital funding.
||$0 Structural Budget Deficit
The structural deficit is a forecast of future expenditures and revenues.