The Director of Budget and Financial Planning is responsible for coordinating and evaluating the estimation of major revenue sources included in the annual operating budget. Revenues shall be estimated using a conservative approach to avoid budget shortfalls during the fiscal year.
If a revenue shortfall is anticipated after the annual operating budget is adopted, the County Manager shall submit a recommended plan to the BOCC, as soon as practical but not to exceed 90 days following receipt of notice from the Director of Budget and Financial Planning, to balance the estimated revenues and expenditures.
The County Manager shall establish financial procedures that define the County’s major revenue sources.
It is the policy of the BOCC that revenues restricted by either statute or BOCC direction shall be expended in accordance with the specified intent.
The County’s major revenue sources are defined as the following revenues:
The Director of Budget and Financial Planning is responsible for appointing a Revenue Coordinator from the Budget and Financial Planning Department. The Revenue Coordinator is responsible for coordinating the annual revenue estimating process for the County’s major revenue sources.
The annual revenue estimating process for the County's major revenue sources will include a Revenue Estimating Committee. This committee will be comprised of the following positions:
The Revenue Estimating Committee will meet periodically to review major revenue trends and to provide a revenue forecast for the annual budget and the Multi-year Budget Projection.
Resolution No. 122-02
Revision Number: 015-14
Date of Last Review: Adopted 12-19-02, Revised 04-03-14