Title
Title
Trial Court Allocations: Final Reduction Related to Statutory
1 Percent Cap on FY 2015-2016 Fund Balance Carryover (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 Judicial Council staff recommends approving a final reduction allocation of $8,781,656 related to the fund balance in fiscal year 2015-2016 and prior-year excluded funds, as required by Government Code
section 68502.5(c)(2)(A).
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Recommendation
Recommendation
The Judicial Council staff recommends that the Judicial Council adjust the preliminary 1 percent fund balance cap reduction allocation of $9,438,587 approved by the council in July 2016 by a net $657,281, for a final reduction allocation of $8,781,306, to match the trial courts’ final calculations of the amount above the 1 percent fund balance cap.
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Speakers
Speakers
Mr. Zlatko Theodorovic, Budget Services