FEBRUARY 11, 2003

AGENDA ITEM NO. 12

Introduced by the Finance Committee of the:

RESOLUTION REQUESTING THE DEVELOPMENT OF SHORT TERM STRATEGIES

TO REDUCE EXPENDITURES OR INCREASE REVENUES IN THE

2003 ADOPTED BUDGET

RESOLUTION #03-029

WHEREAS, the Board of Commissioners has been advised of unanticipated decreases in revenues and increases in expenditures associated with the recently adopted 2003 budget; and

WHEREAS, it is advisable to attempt to identify short term strategies and budgetary recommendations to reduce General Fund expenditures in 2003 to the level of revised General Fund revenue estimates, to transfer funds to cover unanticipated expenses, and to insure that the General Fund balance will not be decreased.

THEREFORE BE IT RESOLVED, that the County Controller is to work with offices, departments, courts, and others receiving county appropriations as necessary to attempt to identify short term expenditure reductions and/or revenue increases for the 2003 general fund budget totaling $2,800,000;

BE IT FURTHER RESOLVED, that those working to identify short term expenditure reductions are encouraged to consider identifying salary attrition; reducing operating expenses; deferring non-critical capital improvement items; and other short term strategies previously identified by the Board of Commissioners in Resolution 92-72;

BE IT FURTHER RESOLVED, that a resolution proposing the expenditure reductions or revenue increases totaling $2,800,000 are to be presented to the Board of Commissioners through its regular committee process as soon as possible.

FINANCE: Yeas: Grebner, Swope, Dedden, Thomas, Minter

Nays: None Absent: Hertel Approved 2/5/03