FY 25 Harford County Government Proposed Operating Budget

I. Purpose

The Spending Affordability Advisory Committee ("Committee") was created by Executive Order 92-2 and further amended by ExecutiveOrder 00-04. The Executive Order charged the Committee as follows: a. On or before February 15th of each year, the Committee shall submit a report to the County Executive with recommendations offiscal goals for the County budget for the next fiscal year.

b. The report shall contain fiscal goal recommendations for the next fiscal year in the following areas:

i) Recommended level of County spending for the operating fund

ii) Recommended level of new debt authorization

iii) Recommended level of unassigned fund balance or retained earnings

iv) Any other findings or recommendations the Committee considers appropriate

In discharging its responsibilities pursuant to the Executive Order, the Committee was cognizant of the

need for a Report which, when based purely upon the consensus findings and conclusions of the

Committee, would be used as a tool by Harford County Government in assisting the budgeting as well

as other processes. The resulting methodology is similar to that which has historically been utilized to

predictanticipated revenue growth. The Committee primarily used publicly available data with realistic

and recognized methodology in its analysis.

The Committee had no preconceived intentions as to the findings or recommendations contained herein.

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