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HomeMy WebLinkAboutWORKSHOP re Financial Planning Status JEFFERSON COUNTY BOARD OF COUNTY COMMISSIONERS AGENDA REQUEST TO: Board of County Commissioners Josh Peters, County Administrator FROM: Judy Shepherd,Finance Director DATE: March 9,2026 SUBJECT: Financial Planning Status Workshop STATEMENT OF ISSUE: During the 2026 Budget cycle in 2025, County Finance Director identified a need for financial planning to address the General Fund deficit and limited cash flow. ANALYSIS: Using historical and current budget data, a cash flow forecast is being developed. In addition, a three-year plan is being developed to address the historical budget deficit, the current year deficit, $1.1 m, and the extended use of the General Fund reserve. This workshop will provide an update and overview to the Board of Commissioners. There are additional meetings planned later in March to communicate with the General Fund departments and other funds impacted by the General Fund, giving them an opportunity to ask questions and discuss. FISCAL IMPACT: None. REVIEWED BY: q /7 Jos . Peters, County Administrator Date