The San Diego County Board of Supervisors has voted 3-2 to give final approval to changing the formula for its budget reserves.

The vote — the required second reading before a proposed ordinance becomes law — increases the county’s recognized emergency reserves from $692 million to $1.327 billion, according to a statement from board Chair Terra Lawson-Remer and Vice Chair Monica Montgomery Steppe, the proposal’s sponsors.

Lawson-Remer, Montgomery Steppe and Supervisor Paloma Aguirre approved the new policy, while their colleagues Joel Anderson and Jim Desmond were opposed.

According to the Lawson-Remer and Montgomery Steppe, the policy now: • revises the reserve formula, based on daily operating expenses, rather than one-time capital projects, with a minimum reserve target at $945 mil

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