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HEARING - Consider recommendations regarding FY 2006-07 Year End Transfers, Financial Status Report and State Budget Update, as follows: (EST. TIME: 30 MIN.) (4/5 Vote Required)
a) Approve transfers and revisions of appropriations necessary to close the County's accounting records for all County funds for the fiscal year ended June 30, 2007;
b) Accept and file, per the provisions of Government Code Section 29126.2, the end of fiscal year (FY) 2006-07 Financial Status Report (report as of June 30, 2007) showing the status of appropriations and financing for all department budgets adopted by the Board of Supervisors; and
c) Receive a report on impacts of the closing of the financial records regarding the Adopted Fiscal Year 2007-08 Budget and if available the impacts of the adoption of the State Budget on the County's FY 2007-08 Adopted Budget.
COUNTY EXECUTIVE OFFICER'S RECOMMENDATION: APPROVE
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