Agenda - 03-18-2025; 7-c - Master Aging Plan Balance Discussion

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2 For this discussion, County staff will present the recent budget history of the Master Aging Plan, the programs that the MAP program supports (Attachment 1), and three broad categories of scenarios of how the funds could be spent down. The scenarios are: 1. Expand Aging programming within the MAP project to spend down the balance over 2-3 fiscal years. 2. Utilize the balance to offset the cost of the Department on Aging in the General Fund for multiple fiscal years. 3. Identify other County initiatives consistent with the donation that could utilize additional one-time funding. As the Board discusses the three (3) options, it should keep two (2) considerations in mind. First, utilizing one-time revenues for ongoing expenses will create a budget gap in future years. Second, while the County has broad latitude to utilize existing Carol Woods donations, Carol Woods could withhold future donations. As the Board discusses the use of the balance, staff will also seek Board input on how to budget future annual Carol Woods contributions. Currently, Carol Woods provides its donation each December, and the funds are provided directly to the Department on Aging, to be used as supplemental funding for programs communicated by the department to Carol Woods. The breakdown of MAP supported programs has not been included in the Manager's Recommended Budget. The MAP program utilizes its own steering committee and domain teams to identify priorities and assign funding. FINANCIAL IMPACT: There is no immediate impact of the discussion. Different scenarios will have impacts on the FY 2025-26 Manager's Recommended Budget. ALIGNMENT WITH STRATEGIC PLAN: This item supports: • GOAL 2: HEALTHY COMMUNITY OBJECTIVE 2. Expand access to quality, affordable healthcare services. (e.g., Crisis Diversion facility, Medicaid expansion, crisis response, healthy living campaign). OBJECTIVE 7. Invest in services and programs that improve the health and quality of life of the community (e.g., recreation and public open spaces, arts, etc.) • GOAL 3: HOUSING FOR ALL OBJECTIVE 7. Expand resources and invest in housing designed for our aging and disabled residents. OBJECTIVE 8. Preserve existing housing stock from disrepair and avoid displacement. RECOMMENDATION(S): The Manager recommends that the Board discuss how to utilize the balance of the Master Aging Plan funds and the budgeting of future annual Carol Woods contributions, and provide feedback to staff.