REGULAR AGENDA

8.

Resolution approving the revised San Mateo County Investment Policy dated January 2010

Supporting Document Memo

Supporting Document Resolution

9.

A)

Accept the FY 2009-10 County Budget Update

B)

Review key budget assumptions and provide direction regarding the FY 2010-11 and 2011-12 budget

C)

Introduction of an ordinance amending the salary ordinance eliminating vacant positions in the current fiscal year and waiver of reading the ordinance in its entirety

D)

Adopt updates to the County Reserves Policy

E)

Resolution:

1)

Revising expenditure assumptions for FYs 2010-14 by eliminating the assumption that the General Fund contribution to the San Mateo Medical Center will be reduced to $50 million

2)

Stating that the Budget targets for the San Mateo Medical Center will be equivalent to those of the other divisions of the Health System

Supporting Document FY 2009-10 County Budget Update – Memo

Supporting Document FY 2009-10 Mid-Year Vacant Position Reductions and Impacts

Supporting Document Ordinance

Supporting Document County Reserves Policy – Memo and Attachments

Supporting Document San Mateo Medical Center Budget Assumptions – Memo and Resolution

10.

County Manager’s report:

A)

Analysis of the 2010-11 State Budget as proposed by the Governor

B)

Resolution approving edits to the 2009-10 State Legislative Session Program for San Mateo County

Supporting Document Memo

Supporting Document Resolution

Supporting Document Attachment

Supporting Document Attachment

11.

Board members’ committee reports