Title
Title
Trial Court Budget | 2018-19 Final One-Time Reduction for Fund Balances Above the 1 Percent Cap (Action Required)
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Summary
Summary
Under Government Code section 77203(b), a trial court may carry over unexpended funds in an amount not to exceed 1 percent of the court’s operating budget from the prior fiscal year. The Trial Court Budget Advisory Committee recommends approving a final one-time reduction allocation of $6,935,081 related to the fund balance in 2018-19 and prior-year excluded funds, as required by Government Code section 68502.5(c)(2)(A), which nets to $796,545 after funds held on behalf of trial court reductions.
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Recommendation
Recommendation
The Trial Court Budget Advisory Committee recommends that the Judicial Council, effective January 17, 2020, adjust the preliminary 1 percent fund balance cap reduction allocation of $7,890,830 approved by the council on September 24, 2019, by a net $955,749 for a final reduction allocation of $6,935,081, to match the trial courts’ final calculations of the amount above the 1 percent fund balance cap, further reduced by approved funds held on behalf of the trial courts to $796,545 to be reverted to the Trial Court Trust Fund.