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$792 Million Budget for Placer County Considered



The Placer County Board of Supervisors will consider adopting a $792.5 million proposed budget for the 2014-15 fiscal year during a meeting in Auburn Tuesday.

The proposed budget would serve as an interim spending plan when the new fiscal year begins on July 1. The board is scheduled to adopt a final budget in September. The two-phase budget process allows the county to incorporate updated revenue and expenditure estimates in the final budget.

The proposed 2014-15 budget is approximately $71.6 million, or 9.9 percent, higher than the final budget for 2013-14. 

"The economy continues to modestly improve in the wake of the Great Recession," explains Deputy County Executive Officer Andy Heath in a report to the board, noting that property tax revenue continues to increase as property values recover. "Due to the continued steady hand of the Board and the ongoing commitment of departments to deliver the most cost-effective services, Placer County is favorably positioned relative to the modestly improving economy."

Tuesday's budget discussion will provide departments an opportunity to update board members on their programs and priorities.

During the meeting, the board will be asked to:
* Earmark unspent funds that will be carried over from the 2013-14 budget to the new fiscal year for three purposes: increasing county General Fund reserves, helping fund high-priority infrastructure projects, and funding other priorities identified by the board;
* Adopt the proposed budget;
* Provide direction for staff to consider as it prepares the final 2014-15 budget; and
* Accept a comprehensive multi-year capital plan and finance summary.  

Tuesday's board meeting will be held at 9 a.m. in the Board of Supervisors Chambers at the County Administrative Center, 175 Fulweiler Ave. in Auburn. The 2014-15 proposed budget is scheduled for discussion beginning at 9:45 a.m.





Placer County News Headlines

Sun City Lincoln Hills Amphitheater Summer ConcertsLincoln, CA- South Placer's burgeoning music scene continues to add a dynamic and widening array of talent to the growing list of quality venues.

4 Arrrested in South Sac Triple HomicideSacramento County Sheriff’s Department Homicide Detectives have made four arrests in connection to the recent murder of three family members in South Sacramento.

Five Steps to Sell Your HomeRealtor, Julie Jalone of MagnumOne Realty in Roseville, gives five proven tips to help homeowners prepare their homes to be sold.

Supervisors Look to Next Year's Budget ChallengesAuburn, CA- Ahead of the county's submission June 7 of a draft budget for the next fiscal year, the board of supervisors considered expected funding needs and challenges.

PCWA Raises Credit Rating, Refinances DebtAUBURN, Calif. - The Placer County Water Agency (PCWA) announced that it has completed the refinancing of approximately $26 million of its debt.

PlacerGROWN Farmers' Markets Opening for Summer SeasonRoseville, CA- Four seasonal PlacerGROWN Farmers' Markets are opening for the 2016 summer season, providing a plethora of produce options for residents of Placer County

Roseville Flash Crime Report (5.3.16)Roseville, CA- Flash crime report digest summary update for Roseville, CA on May 2, 2016.

Chrysler 200: Improved and solid midsize sedanRoseville, CA- Looking to make a move upward and become more of a challenger to its competitors, the folks at Chrysler completely redesigned the Chrysler 200

Roseville Gas Prices Up and DownRoseville, CA- Gas prices in Roseville and the region have trended upward this past week. However, at some of low price leaders in Roseville

Creating More Inclusive Zoos and MuseumsNot long last week after featuring a 35-year-old man named "Tony" (a pseudonym), who became legally blind at birth due to retinopathy of prematurity (ROP),

Marijuana Cultivation Discussion at Roseville City Council MeetingRoseville, CA- At the May 4th Roseville City Council Meeting, representatives from Placer County will provide an opportunity for the public to provide input on Placer County's current efforts

Placer Land Trust Acquires 40 Acres along North Fork of American RiverPlacer Land Trust is very pleased to announce that in early April it acquired 40 acres of gorgeous land along the North Fork American River at the bottom of the Green Valley Trail.


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