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i <br /> ORANGE COUNTY ABC BOARD—AGENDA FORM <br /> Meeting Date: January 20,2026 <br /> Agenda Item 48 <br /> Regular Session X <br /> Closed Session_ <br /> Presenter/Information Contact: Ron McCoy <br /> Subject: Mid-Year Budget Amendment for Fiscal Year 2026 <br /> Attachment(s): <br /> 1. Attachment: "Mid-Year Budget Amendment FY 2026" <br /> 2. Attachment: "Revised Annual Budget/Worksheet for Fiscal Year 2026" <br /> Brief Summary/Explanations: <br /> 1. Mid-Year Budget Amendment for Fiscal Year 2026: <br /> The following revisions to the annual budget for fiscal year 2026 are recommended for the Board's <br /> consideration and approval based on examination of the budget at mid-year(12/31/2025). An increase to <br /> operational expenses of$64,151 is offset by a net decrease in retiree OPEB benefits as calculated by <br /> actuarial (-$54,151) and an increase in interest on investments ($10,00). <br /> Section 1 <br /> lncreases to the following operational expenses are recommended based on year-to-date totals and <br /> projected expenses through the end of the fiscal year: <br /> Board Members Expenses $5,800 <br /> Rent $6,515 <br /> Repairs &Maintenance (Equipment) $7,000 <br /> Store Supplies, Bags &Expenses $15,000 <br /> Exterior Maintenance $2,000 <br /> Professional Fees $10,000 <br /> Dues and Subscriptions $6,245 <br /> Training/Education $5,000 <br /> Uniforms $3,000 <br /> Cash Over/Short $ 500 <br /> The net impact on working capital retained/change in net position is a decrease of$61,060. <br /> Section 2 <br /> A capital expense addition to the budget is recommended due to the replacement of the fire control <br /> panel in the warehouse. <br /> Fire Control Panel $3,091 <br /> i <br /> The net impact on working capital retained/change in net position is a decrease of$3,091. <br /> Page 1 of 4 pages <br /> I <br />