Adopted Budgets
Local Agency Formation Commissions (LAFCOs) are independent commissions established by the California legislature under the Cortese-Knox-Hertzberg Local Government Reorganization Act of 2000. Under California Government Code Section 56381, LAFCOs are responsible for annually adopting a proposed budget by May 1st and a final budget by June 15th. State law specifies the proposed and final budgets shall, at a minimum, be equal to the budget adopted for the previous fiscal year unless LAFCO finds the reduced costs will nevertheless allow agency to fulfill its prescribed regulatory and planning duties.
Pursuant to LAFCO statute, Shasta LAFCO annually adopts a budget for operations. Shasta LAFCO operates on a Fiscal Year, from July 1st to June 30th. The annual budget is submitted in a format that is consistent with generally accepted budget documents for local government agencies. Below are Shasta LAFCO budgets that have been adopted.
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