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Special Workshop Set June 10 to Forecast County Finances
The Orange County Board of Supervisors will convene a special meeting on Friday, June 10, at 9 a.m. for a public workshop to discuss the County’s strategic financial plan and evaluate County finances beyond the coming fiscal year.
“As we look toward adopting a new Fiscal Year 2016-17 budget in June, it makes sense to discuss some additional forecasting so we have a better sense of what longer-range resources will be available,” Board of Supervisors Chairwoman Lisa Bartlett, Fifth District, said.
The County annually adopts a five-year Strategic Financial Plan, which provides short- and long-term analyses regarding County strategic goals and identified project priorities. The plan also offers a way to gauge overall needs and resources to ensure that the County’s financial position is sufficient to support ongoing services and needs within future economic constraints. The most recent County of Orange Strategic Financial Plan was adopted in December 2015.
County Executive Officer Frank Kim said the special June 10 workshop will provide valuable insight for the public before Board members prepare to vote on the upcoming fiscal year budget. “We’re always struggling with wanting to do more than available resources will permit, particularly when it comes to obligations that are ongoing year after year,” he said.
Required public hearings on the FY 2016-17 budget will begin at 9:30 a.m. on Tuesday, June 14, and Wednesday, June 15, at the Hall of Administration Board Hearing Room, 333 W. Santa Ana Blvd., Santa Ana. The final budget vote is scheduled for June 28, 2016.
To access the FY 2016-17 Recommended Budget online, click here:
http://ocgov.com/gov/ceo/deputy/finance/budget/fy2017
To access the current Strategic Financial Plan, click here:
http://ocgov.com/gov/ceo/deputy/finance/budget/plan
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