(Proposed County Budget)…It was discussed by the Board of Supervisors Tuesday.
The Board accepted the proposal, following a lengthy presentation. The CEO’s office has worked long hours putting the proposal together. According to the presentation, they were faced with an over $5 million deficit. Revenues increased to $259.4 million, while expenditures also increased to $274.9 million. The anticipated carry-over was used to make up the difference, but that still left the deficit. The Board was told transfers and funds from the Revenue Stabilization Reserve would be used to bring the spending plan into balance. Augmentations are still to be added. The Supervisors scheduled a budget hearing and workshop for August 22nd. A final Budget could be approved at that time. By law, a balanced budget must be submitted to the state by October 2nd.