File #: 24-4105    Version: 1 Name: Quarterly Update of the Long-Term Revenue Forecast
Type: Report Status: Filed
File created: 7/10/2024 In control: Board of Commissioners
On agenda: 7/25/2024 Final action: 7/25/2024
Title: REPORT Department: Bureau of Finance Report Title: Quarterly Update of the Long-Term Revenue Forecast Report Period: FY2024-FY2028 Summary: The following report provides an update between the Long-Term Financial Plan provided to the Independent Revenue Forecasting Commission and posted on the County's website in April 2024, and the most up-to-date forecast. This report includes a variance analysis comparing the two forecasts and provides an explanation for any significant variances. A summary of the impact of the revenue projections on our long-term expense projections for both the General and Health Funds is also included. In addition, the report provides a summary of the 2025 preliminary forecast. We conclude with FY2024 project plans and an update on recent regional and relevant economic activity.
Indexes: TANYA S. ANTHONY, Chief Financial Officer, Bureau of Finance
Attachments: 1. IRFC Report_July Board 2024

title

REPORT

 

Department:  Bureau of Finance 

 

Report Title:  Quarterly Update of the Long-Term Revenue Forecast 

 

Report Period:  FY2024-FY2028 

 

Summary:  The following report provides an update between the Long-Term Financial Plan provided to the Independent Revenue Forecasting Commission and posted on the County’s website in April 2024, and the most up-to-date forecast. This report includes a variance analysis comparing the two forecasts and provides an explanation for any significant variances. A summary of the impact of the revenue projections on our long-term expense projections for both the General and Health Funds is also included. In addition, the report provides a summary of the 2025 preliminary forecast.  We conclude with FY2024 project plans and an update on recent regional and relevant economic activity.

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