COUNTY OF ALBEMARLE

 

EXECUTIVE SUMMARY

 

 

AGENDA TITLE:

Financial Status Update

 

 

SUBJECT/PROPOSAL/REQUEST:

Provide information and request feedback on current financial status and County response

 

 

STAFF CONTACT(S):

Messrs. Tucker, Foley, Davis, and Wiggans

 

 

 

LEGAL REVIEW:   Yes

 

 

AGENDA DATE:

September 10, 2008

 

ACTION:              INFORMATION: 

 

CONSENT AGENDA:

  ACTION:              INFORMATION:   

 

 

ATTACHMENTS:   No

 

 

REVIEWED BY:

 

 

 

BACKGROUND:

As a result of the economic difficulties being experienced both nationally and locally, County staff has been examining revenue projections to determine how our operating budgets will be impacted. These projections, along with recommendations for addressing budget shortfalls, will be discussed during the work session. The tentative agenda for the work session is listed below:

 

 

Additional materials will be provided to the Board by e-mail on Monday, September 8th and at the Board meeting on September 10th.

 

 

 

STRATEGIC PLAN:

5.1 Develop a comprehensive funding strategy/plan to address the County’s growing needs.

 

Return to regular agenda