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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

All-new Volkswagen Atlas a roomy SUVRoseville, CA,- Looking to fill what it considered a void in its sport utility vehicle offerings, Volkswagen developed the 2018 Atlas.

Lower Cost Electricity Anticipated for Some Placer County ResidentsPLACER COUNTY, CA - In December, residents and businesses will receive the first of several notices informing them about the coming change in their electric energy supply

Groundbreaking for Interstate 80 / Highway-65 Interchange ImprovementsRoseville, CA, - The Placer County Transportation Planning Agency (PCTPA), in partnership with Caltrans, the South Placer Regional Transportation Authority, the Federal Highway Administration

Merry Days & Holly Nights at Squaw Valley Alpine MeadowsOlympic Valley, Calif.- Squaw Valley Alpine Meadows is celebrating its second annual Merry Days & Holly Nights, two weeks of spirited events and activities December 16-31.

Southern California Fires Fueled by WindsOver 8,500 firefighters have made significant progress on the wildfires burning in southern California. As containment lines continue to be reinforced, many evacuations have been lifted

$111 Million Budget Adopted by PCWA BoardAUBURN, Calif. , - At its December 7 meeting, the Placer County Water Agency (PCWA) Board of Directors adopted the Agency's 2018 budget

Woman Found Dead in the American River CanyonAuburn, CA,- The Placer County Sheriff's Coroner's Office has confirmed the identity of the woman found in the American River canyon Wednesday as Yin Wong, 33, of Sacramento.

Reward Offered in Khaki Bandit CaseSACRAMENTO- The Federal Bureau of Investigation (FBI) is offering a reward of up to $20,000 for information that will lead to the arrest and conviction of an armed and dangerous individual

Joey Travolta to Speak at MIND Institute(Sacramento, Calif.)-The UC Davis MIND Institute will host Joey Travolta on Wednesday, Dec. 13 as part of the ongoing Distinguished Lecturer Series. Travolta, owner of Inclusion Films

Medieval Armored Combat in Roseville @ the GroundsRoseville, CA - On Dec. 9-10 the newly renovated barn @the Grounds will showcase real knights in real battles in true medieval fashion for the Armored Combat League

Placer County Property Taxes Due ReminderAuburn, CA, - Placer County Treasurer-Tax Collector Jenine Windeshausen reminds property owners that the first installment of their annual property taxes for the 2017-18 tax year

Folsom Zoo Wild Nights and Holiday LightsFolsom, CA,- Many hours of hands-on work by local families, businesses, community groups and city staff go into installing the lights, decorations and displays for the Folsom Zoo


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