Title
Trial Court Budget | 2022-23 Final Adjustments for Year-End Fund Balances (Action Required)
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Summary
Pursuant to Government Code section 77203(b), a trial court may carry over unexpended funds in an amount not to exceed 3 percent of the court’s operating budget from the prior fiscal year. The Trial Court Budget Advisory Committee recommends a final one-time allocation reduction of $30 million related to the fund balance cap in 2022-23 and prior year excluded funds, which nets to $2.8 million after adjusting for $27.2 million in reductions in applicable requests for the Trial Court Trust Fund funds held on behalf of the trial courts.
Recommendation
The Trial Court Budget Advisory Committee recommends that the Judicial Council, effective January 19, 2024, approve the final 2022-23 year-end adjustment of a 3 percent fund balance cap allocation reduction of $30 million, which nets to $2.8 million after adjusting for $27.2 million in applicable funds held on behalf of the trial courts’ requests to be retained in the Trial Court Trust Fund.