The Board of Supervisors of the County of Monterey authorizes and approves an increase in appropriations of the Auditor-Controller's Fiscal Year 2025-26 Budget by $1,700,000 to cover under-withheld tax liability and penalties. The increase will be financed by a release from the Compensated Absences Assignment account or a reduction of General Fund Contingencies Appropriation. The resolution also authorizes the Auditor-Controller to amend the budget accordingly.
Details
Subject
Increase in appropriations of the Auditor-Controller's Fiscal Year 2025-26 Budget
Summary
The Board of Supervisors of the County of Monterey authorizes and approves an increase in appropriations of the Auditor-Controller's Fiscal Year 2025-26 Budget by $1,700,000 to cover under-withheld tax liability and penalties. The increase will be financed by a release from the Compensated Absences Assignment account or a reduction of General Fund Contingencies Appropriation. The resolution also authorizes the Auditor-Controller to amend the budget accordingly.