Title
Title
Trial Court Budget | 2021-22 Final Adjustments for Year-end Fund Balances (Action Required)
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Summary
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 adjustment of $13.9 million related to the fund balance cap in 2021-22 and prior-year excluded funds, as required by Government Code section 68502.5(c)(2)(A), which nets to $1.5 million after adjusting for $12.4 million in reductions in funds held on behalf of trial courts.
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Recommendation
Recommendation
The Trial Court Budget Advisory Committee recommends that the Judicial Council, effective January 20, 2023, approve the final 2021-22 year-end adjustment of a
3 percent fund balance cap allocation reduction of $13.9 million to match the trial courts’ final calculations of the amount above the 3 percent fund balance cap, further reduced by $12.4 million in approved funds held on behalf of the trial courts to $1.5 million to be reverted to the Trial Court Trust Fund.
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