Approve a budget adjustment for the Fiscal Year 2022/23 adopted budget to move $15,000 from Services and Supplies into Salaries and Benefits, resulting in no net increase to the overall budget

Approve a budget adjustment for the Fiscal Year 2022/23 adopted budget to: (1) reduce Account 501165 Professional & Specialized Services from $42,500 to $27,500 (a net decrease of $15,000); and (2) increase Account 500100 Regular Employees from $233,569 to $248,569 (a net increase of $15,000) in order to balance Salaries and Benefits at the object level (i.e. the grouping of all the associated individual accounts). 

None. This item involves moving monies between expenditure categories at the object level so they balance in the FY 2022/23 budget for year-end. Total expenditures have not changed.

As discussed at the April 20, 2023, meeting during the draft budget item, LAFCo position salary ranges were increased 5% by Yolo County midyear to compensate for its policy change to pay positions countywide at 100% market rate instead of the previous 95%. LAFCo staff are Yolo County employees for human resources purposes only and direction comes solely from LAFCo. These salary increases were unexpected and not anticipated in the adopted budget. However, there is ample unused budget under Professional & Specialized Services to cover this amount. The recommended adjustment would keep the budget balanced at the object level at year-end.

Per LAFCo Administrative Policies and Procedures Section 5.6, the Commission may make adjustments to its budgets at any time during the fiscal year, as it deems appropriate. Per County policy and practice, the Executive Officer can make adjustments between accounts within a category of accounts in the budget such as "Salaries and Benefits". However, Commission approval is required to move money at the object level, i.e. between budget categories.