Harris County Logo
File #: 24-1367    Version: 1 Name:
Type: Policy Status: Passed
File created: 3/11/2024 In control: Commissioners Court
On agenda: 3/26/2024 Final action: 3/26/2024
Title: Request for approval of the Standard Operating Procedures for Quarterly Projections.
Department: Management and Budget
Department Head/Elected Official: Daniel Ramos

Regular or Supplemental RCA: Regular RCA

Type of Request: Policy

Project ID (if applicable): N/A
Vendor/Entity Legal Name (if applicable): N/A

MWDBE Contracted Goal (if applicable): N/A
MWDBE Current Participation (if applicable): N/A
Justification for 0% MWDBE Participation Goal: N/A - Goal not applicable to request

Request Summary (Agenda Caption):
title
Request for approval of the Standard Operating Procedures for Quarterly Projections.
end

Background and Discussion:
Quarterly Projections are used to project expenses for major operating funds to provide Commissioners Court with a status update on the fiscal state of the county compared to the budget. The objectives of establishing a standardized approach for projecting future expenses quarterly include the following:
1. Prepare Commissioners Court with an understanding of existing obligations and recurring expenses.
2. Identify key budget drivers the county is witnessing and inform Commissioners Court.
3. Provide a view of the mid-year approved supplemental impact in the current year's budget.
Expected Impact:
A uniformed approach for projecting expenses for major operating funds quarterly.

Alternative Options:
Not applicable


Alignment with Goal(s):
_ Justice and Safety
_ Economic Opportunity
_ Housing
_ Public Health
_ Transportation
_ Flooding
_ Environment
X Governance and Customer Service

Prior Court Action (if any):
Date
Agenda Item #
Action Taken
2/27/2024
21
No Action

Location:
Address (if applicable):
Precinct(s): Choose an item.

Fiscal and Personnel Summary
Service Name



Current Fiscal Year Cost
Annual Fiscal Cost

Labor
Non-Labor
Total
Recurring Expenses
Funding Sources

Existing Budget




Choose an item.
$
$
$
$
Choose an item.
$
$
$
$
Choose an item.
$
$
$
$
Total Current Budget
$
$
$
$
Additional Budget Request (Requires Fiscal Review Request Form)

Choose an item.
$
$
$
$
Choose an item.
$
$...

Click here for full text