BUDGET GUIDELINES
Operating Budget Adjustments To provide for the administrative process, along with budget and accounting control, for the General and Special Funds budgets (excluding the Great Park and Capital Improvement Program budgets) operating budget adjustments may be necessary. Adjustments to the adopted or adjusted budget must be approved by the City Manager; Department Director; Manager of Budget and Business Planning; and Manager of Fiscal Services, reviewed by the Finance Commission (except when previously reviewed and approved by the Orange County Great Park Board of Directors, or when direction for the budget adjustment originates from a majority vote of the City Council) and approved by a majority vote of the City Council, unless the budget adjustment falls under one of the exceptions below. No budget adjustment for less than $5,000 will be processed unless legally required for a new grant agreement. Approvals Required: Manager of Budget and Business Planning, Manager of Fiscal Services, and Department Director. A. Adjustments to revenues and/or expenditures in a single fund up to $30,000 that do not decrease fund balance. B. Adjustments in a single department within a single fund that do not change the overall budgeted expenditures and have no net effect to salaries and benefits. C. Donations and related expenditures up to $30,000 that do not require on-going financial commitment, long-term commitment to a program or service, matching funds, or recognition by the City Council. D. Grant agreements that have previously been approved by the City Council during the application process. Approvals Required: Manager of Budget and Business Planning, Manager of Fiscal Services, Department Director, and City Manager. E. Adjustments to revenues and/or expenditures in a single fund between $30,000 and $50,000 that do not decrease fund balance. F. Adjustments in a single department within a single fund that do not change the overall budgeted expenditures but do change overall salaries and benefits. G. Donations and related expenditures between $30,000 and $50,000 that do not require on-going financial commitment, long-term commitment to a program or service, matching funds, or recognition by the City Council. Approvals Required: Manager of Budget and Business Planning, Manager of Fiscal Services, and City Manager. H. City Manager adjustment within the General Fund only that does not increase or decrease the overall fund balance of the General Fund. Budget adjustment exceptions will be classified as one of the following types:
FY 2019-21 Proposed Budget
529
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