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HomeMy WebLinkAbout09.27.21 Fund Balance Report 6_30_21 From:Gutierrez, Graciela To:Alpert, Bruce;Bennett, Robin;Clerk of the Board;Connelly, Bill;Cook, Holly;Cook, Robin;Hironimus, Patrizia; Kimmelshue, Tod;Lucero, Debra;Paulsen, Shaina;Pickett, Andy;Reaster, Kayla;Ring, Brian;Ritter, Tami; Sweeney, Kathleen;Teeter, Doug Subject:Fund Balance Report 6/30/21 Date:Monday, September 27, 2021 2:45:07 PM Attachments:Final Fund Balance Report.pdf image002.png Good afternoon, This is the time of year that I provide a report to the Board of Supervisors of the unaudited fund balance for the fiscal year we are closing. Please see attached report and feel free to reach out to me directly for any additional questions or information. Kind regards, Graciela Gutierrez, MPA Auditor-Controller Auditor-Controller’s Office 25 County Center Drive, Suite 120 Oroville, CA 95965 (530) 552-3599 COUNTY OF BUTTE E-MAIL DISCLAIMER: This e-mail and any attachment thereto may contain private,confidential, and privileged material for the sole use of the intended recipient. Any review, copying, or distribution of this email (or any attachments thereto) by other than the County of Butte or the intended recipient is strictly prohibited. If you are NOT the intended recipient, please mail contact the sender immediately and permanently delete the original and any copies of this e and any attachments thereto. OFFICE OF THE AUDITOR-CONTROLLER Graciela C. Gutierrez, Auditor-Controller 25 County Center Drive Ste. 120 T: 530.552.3600 buttecounty.net/auditor Oroville, California 95965 F: 530.538.7693 DATE: September 27, 2021 TO: Board of Supervisors, Chief Administrative Officer FROM: Graciela C. Gutierrez, Auditor-Controller SUBJECT: FY 2020-21 Unaudited Fund Balance and Contingency Adjustment Per Resolution 21-080, Resolution Adopting Appropriations For The Fiscal Year 2021-2022 County Budget the Auditor-Controller is requested to report all adjustments to appropriations needed to balance any fund to the Butte County Board of Supervisors. This report summarizes the unaudited fund balance for all governmental funds as of 6/30/21. The external auditors will perform their field work in November at which time there may still be unforeseen, unanticipated adjustments that may affect prior year fund balance. After the audit is complete if there are any additional changes, I will send out an additional memo finalizing the audited prior year fund balance with an explanation of necessary adjustments. The analysis below is divided into two sections. The General Fund – Unassigned Fund Balance section below displays the increase to the estimated available General Fund Balance after posting all transactions to June 30, 2021. Unassigned Fund Balance is the available amount for contingencies that may be used for appropriations as needed. The General Fund Contingency section displays the increase to the Adopted Appropriation for Contingencies based on the excess above the targeted estimate. When the recommended budget was adopted on 7/20/21 there was a recommended amount appropriated for contingencies as seen on Schedule 7. The additional increase will increase the balance available for contingencies as seen below. Please note that as of today $3,299,125 from contingencies have already been expended. The balance after the increase to contingencies will $7,512,746 available. The following pages display the total fund balance for all governmental funds broken down by category type. Restricted funds include assigned department that manage the non-operating restricted balances as of 6/30/21 including 2011 Realignment balance. These monies have an external restriction on expending therefore are unavailable for contingencies. ------ ------- ---- 104,146104,146104,146 Game Fish and ----------------- 2,727,9742,727,9742,727,974 Community Housing and Development ------- ---------- - 550,558550,558550,558 Transit ------------------ Equip 7,853,9767,853,9767,853,976 Replacement ------- ---------- - 593,138593,138593,138 Child Support --------------- 900 14,02414,924 12,166,32412,166,32412,181,248 Public Health -------- --------- - PG&E Settlement 187,337,387187,337,387187,337,387 50 ---------------- 272,813272,863 Road 11,828,95311,828,95312,101,816 - ---- ---------- - 900900 Health 30,404,62030,404,62030,405,520 Behavioral --------------- 16,89016,890 3,985,835 25,561,62129,547,45629,564,346 Social Services -- 11,605 916,087130,544990,030211,336428,660 1,058,236 2,550,169 1,414,714 6,936,591 1,890,317 5,700,998 8,000,000 8,000,000 4,001,935 4,001,935 18,577,22938,700,04421,711,87173,472,086 General Prepaid itemsRevolving LoanImprest Cash ReserveInventoryPurpose of fundClerk RecorderDistrict AttorneyAdministrationProbationSheriffFireLibraryPublic Works2011 RealignmentGeneral ReserveJail/Library/ Probation/AsProb/AssrTotal Fund Balances Nonspendable:Restricted:Committed:Assigned:Unassigned Fund Balances: 13,455 947,001130,544272,813990,030211,336428,660 Total 1,363,8132,550,1691,414,7146,936,5911,890,3175,700,9984,001,9354,001,935 Funds 22,563,06421,711,871 122,954,151165,640,030195,337,387195,337,387388,055,036 Governmental ----------------- 17,41517,41517,415 Fund Permanent ----------------- 4,949,4594,949,4594,949,459 Capital Projects fund - --------- ------- Fund 3,750,096 3,750,096 3,750,096 Debt Service ----------------- 1,181,5721,181,5721,181,572 Disaster Recovery - --------- ------- 9,796,358 9,796,358 9,796,358 Impact Fees ----------------- 76,03276,03276,032 IHSS - --------- ------- County 11,391,90911,391,90911,391,909 Service Areas