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File #: 20-045    Version: 1
Type: Budget Proposal Status: Consent Agenda
File created: 12/2/2019 In control: Judicial Council
On agenda: 7/24/2020 Final action:
Title: Trial Court Budget | Minimum Operating and Emergency Fund Balance Policy (Action Required)
Attachments: 1. 20200724-20-045
Date Action ByActionResultAction DetailsMeeting DetailsVideo
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Title

Title

Trial Court Budget | Minimum Operating and Emergency Fund Balance Policy (Action Required)

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Summary

Summary

The Judicial Council’s suspension of the minimum operating and emergency fund balance policy expires as of June 30, 2020. The minimum operating and emergency fund balance policy, established by the Judicial Council in October 2006, requires trial courts to set aside a percentage of funds for use in emergency situations or when revenue shortages or budgetary imbalances may exist. This policy has been suspended by the Judicial Council since August 31, 2012, due to changes in statute and to provide for the opportunity to seek further statutory amendments. The Trial Court Budget Advisory Committee recommends that the Judicial Council approve an extension to the suspension of the minimum operating and emergency fund balance policy.

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Recommendation

Recommendation

The Trial Court Budget Advisory Committee (TCBAC) unanimously recommends that, effective July 1, 2020, the Judicial Council extend the suspension of the minimum operating and emergency fund balance policy for two fiscal years until June 30, 2022--or earlier if Government Code section 77203 is amended.