Title
Title
Trial Court Budget | 2019-20 Final One-Time Reduction for Fund Balances Above the 3 Percent Cap (Action Required)
body
Summary
Summary
Under 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 approving a final one-time reduction allocation of $6,378,106 related to the fund balance cap in 2019-20 and prior-year excluded funds, as required by Government Code section 68502.5(c)(2)(A), which nets to $271,379 after adjusting for $6,106,727 in funds held on behalf of trial court reductions.
body
Recommendation
Recommendation
The Trial Court Budget Advisory Committee recommends that the Judicial Council, effective January 22, 2021, approve the final reduction allocation of $6,378,106 to match the trial courts’ final calculations of the amount above the 3 percent fund balance cap, further reduced by $6,106,727 in approved funds held on behalf of the trial courts, to $271,379 to be reverted to the Trial Court Trust Fund.