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HEARING - Consider recommendations regarding the Fiscal Year (FY) 2003-04 Third Quarter Budget Update, as follows: (EST. TIME: 30 MIN.)
a) Accept and file, per the provisions of Government Code Section 29126.2, the fiscal year 2003-04 Financial Status Report as of March 31, 2004 showing the status of appropriations and financing for all departmental budgets adopted by the Board of Supervisors;
b) Accept an update on the forecasted FY 03-04 financial condition on 6/30/04, and a presentation on significant current budget issues.
c) Accept a status report on Vehicle License Fee (VLF) revenue as of May 10, 2004 and recommended action, if necessary.
COUNTY ADMINISTRATOR'S RECOMMENDATION: APPROVE
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