Agenda - 09-05-2023; 8-i - Fiscal Year 2023-24 Budget Amendment #1 and Amendment to Fiscal Year 2022-23 Budget

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1 ORD-2023-034 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: September 5, 2023 Action Agenda Item No. 8-i SUBJECT: Fiscal Year 2023-24 Budget Amendment #1 and Amendment to Fiscal Year 2022-23 Budget DEPARTMENT: County Manager's Office ATTACHMENT(S): INFORMATION CONTACT: Attachment 1. Year-to-Date Budget Kelly Guadalupe, (919) 245-2156 Summary FY 2023-24 Attachment 2. Planning Department Fee Schedule Revisions Attachment 3. Sheriff's Office Fee Schedule Revisions Attachment 4. Year-to-Date Budget Summary FY 2022-23 PURPOSE: To approve budget, grant, and capital project ordinance amendments for Fiscal Year 2023-24 and approve an amendment to the Fiscal Year 2022-23 Budget. BACKGROUND: Note: The term "Deferred Revenues" used in several of the items listed below are also known as unearned revenue or prepayments, and refers to revenue received in FY 2022-23 in advance of FY 2023-24. Deferred revenue is reserved and accounted for on the County's balance sheet as a liability to avoid expenditure in FY 2022-23. At the start of FY 2023-24, the deferred revenue is then recognized on the income statement as revenue. Department on Aging 1. The Department on Aging has the following deferred revenue items: • Mobility Management Grant -- As of June 30, 2023, the Department on Aging has $37,304 in deferred revenue, for use in FY 2023-24 remaining in the General Fund, related to the Mobility Management Grant. This budget amendment provides for the receipt of these deferred revenues for use in FY 2023-24. • Senior Wellness Program — As of June 30, 2023, the department has $17,364 in deferred revenue, for use in FY 2023-24. This budget amendment defers revenue from the Senior Wellness Annual Grant Fund and creates the following Department on Aging Grant Project Ordinance within the Multi-Year Grant Fund.