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Agenda - 11-12-20; ITEM 1 - Financial Report for the First Quarter of FY 2020-21
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Agenda - 11-12-20; ITEM 1 - Financial Report for the First Quarter of FY 2020-21
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11/6/2020 3:12:51 PM
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11/6/2020 3:08:46 PM
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BOCC
Date
11/12/2020
Meeting Type
Work Session
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Agenda
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ITEM 1
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Other General Fund Revenues . Charges for services are 17.4% of the budget as compared to 20.8% lower the prior fiscal year. The decline is attributed to COVID‐19 public health measures for inmate inhabitants at the County Detention Center which reduced population and commensurate cost recovery from the Federal Government. Aging, Animal Services and DEAPR, Planning and Inspection fees are slightly lower as well due to COVID‐19 related preventive measures. Miscellaneous revenue variance of 6.8% of budgeted revenues as compared to 9.1% the prior fiscal year is due to the reclassification of $252, 411 in Aging Grants from the General Fund to the Grant Fund. Thetiming of Asset Management lease rental revenues for County facilities and lower investment earnings attributed to interest rate declines. 18
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