Title
Discussion of Fiscal Year (FY) 2024 Budget Planning Guidance.
Staff Summary
• Each year, the County Board provides guidance for development of the annual budget. Guidance that is updated annually is found in Policy 3.5FYxx which is intended to provide parameters or guidelines for a specific fiscal year.
• Policies 3.5 Budget Development Policy and 3.6 Budget Execution Policy provide fundamental policy that is reviewed annually but only updated as necessary.
• The guidance provided through this process includes property tax levy, employee salary increases, new program requests, contributions to capital, environmentally sustainable alternatives, and any specific clarifications.
• Policy 3.5FY23 FY 2023 Budget Planning Guidance is attached for reference and to initiate discussion. The FY 2024 Budget Planning Guidance will be prepared according to your feedback and presented for discussion and approval on April 27 and May 4 for County Board approval on May 9. This will allow Finance staff to kick off the FY 2024 budget preparation process with departments in mid-May.