AGENDA DATE: 12/6/2017
TITLE:
Title
Recommended Two Year Fiscal Plan Work Session
BODY
SUBJECT/PROPOSAL/REQUEST: December 6 Work Session on Recommended Two Year Fiscal Plan
ITEM TYPE: Regular Action Item
STAFF CONTACT(S): Richardson, Letteri, Walker, Vinzant, Allshouse, Kamptner
PRESENTER (S): Lori Allshouse
LEGAL REVIEW: Not Required
REVIEWED BY: Jeffrey B. Richardson
BACKGROUND: Long-range financial planning is an important component of the County's fiscal processes that provides a venue for discussion regarding important longer-term priorities and creates a framework within which the next fiscal year's budget development will take place.
On November 8, the Board of Supervisors and the School Board received information regarding the School Division and General Government's Five Year Financial Plans, including revenue projections. The Boards also received an overview of General Government's Recommended Balanced Two Year Fiscal Plan.
STRATEGIC PLAN: Mission: To enhance the well-being and quality of life for all citizens through the provision of the highest level of public service consistent with the prudent use of public funds.
DISCUSSION: In accordance with the budget development schedule, the Board of Supervisors will have two additional work sessions on the Recommended Two Year Fiscal Plan. At the work session on December 6, staff will provide additional details about the Plan and the public will have an opportunity to provide comments. On December 13, staff will request the Board approve the Two Year Fiscal Plan, with the understanding that it is for planning purposes only, and provide any further guidance for the upcoming budget development.
BUDGET IMPACT: There is no budget impact; however, the results of these work sessions provide guidance to staff as they develop the County's Recommended FY 19 budget.
RECOMMENDATION:
Recommendation
Staff recommends that the Board of Supervisors provide direction that will inform the...
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