Yellow Pages |   News Updates |   Local Jobs |   Events Calendar |   Movie Times | Recycling
Rocklin and Roseville Today Local Events
contact add event advertise 

$792 Million Budget Approved by Placer County Supervisors



The Placer County Board of Supervisors voted unanimously Tuesday, June 3 to approve a $792.5 million proposed budget for the 2014-15 fiscal year.

The proposed budget will serve as an interim spending plan when the new fiscal year begins July 1. The board will adopt a final budget with updated revenue and expenditure projections in September.

The proposed 2014-15 budget is approximately $71.6 million, or 9.9 percent, higher than the final budget for 2013-14, largely resulting from a year-over-year increase in anticipated infrastructure expenses, including work on a regional sewer system that will pump wastewater from North Auburn to the City of Lincoln's treatment plant. The projected General Fund net budget is 3.1 percent higher than the total for the current fiscal year, while the Public Safety Fund net budget is expected to be 1.8 percent higher. Capital and infrastructure funding is projected to increase by approximately $69 million, or 45 percent.

During the June 3 meeting, board members approved allocating unassigned carryover funds 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.

"We're proceeding with cautious optimism," explained Andy Heath, the county's deputy county executive officer for finance, administration and budget.

He told board members that reasons for optimism include several positive revenue trends: property values are on the upswing, sales tax collections continue to improve, development activity is up modestly and unemployment is dropping. Offsetting trends include rising pension and health care costs.

Heath emphasized that the proposed 2014-15 budget builds upon several accomplishments during the current fiscal year:
* A phased opening of the county's new adult jail at the Bill Santucci Justice Center in Roseville.
* An upgrade in the county's general credit rating to AA+ that resulted from a credit review by Standard & Poor's. The firm conducted the credit review when the county refinanced certificates of participation originally issued to help finance construction of buildings in North Auburn and Roseville. Heath noted that Placer County has one of the highest general credit ratings among the state's 58 counties.
* Progress on planning and funding infrastructure and other capital projects.
* A continued focus on budget priorities and communication with the public.
* Progress in the county's phased transition to priority-based budgeting. 

Priority-based budgeting is an approach that seeks to increase transparency in the budget process while helping ensure county resources are allocated based on board and public priorities. The county also has introduced a multi-year budget framework focused on balancing county priorities with available resources while assuring costs of county programs can be sustained in future years.





Placer County News Headlines

Tahoe Restoration Act of 2015 IntroducedCongressman Tom McClintock (R-CA) and Congressman Mark Amodei (R-NV) introduced legislation to address catastrophic wildfire and invasive species threats

Roseville Location for New Placer County Assessor's OfficeRoseville, CA - To better meet the needs of the public, the Placer County Assessor's Office is pleased to announce the opening of its newest office, located at 10810 Justice Center Drive

California Fires Update Summary (7.31.15)California Fire Updates 2015: Today, 8,000 firefighters are battling 18 large wildfires in California, including several that are on the National Forest and nearing full containment.

Placer Valley Sports Complex: Who's Designing It?Placer Valley Sports Complex, Inc. has reached its first major milestone in the building and development of its brand new, state-of-the-art Regional Sports Complex in Roseville.

25 Year Old Arrested as Arson SuspectThe Placer County Sheriff's Office arrested David Petrashishen, 25 for arson following Sunday's fire in Elverta.

California Statewide Fire Summary (7.30.15)California Fire Updates 2015: Yesterday afternoon and evening fire activity in Northern California significantly increased as temperatures hit the triple digits and the winds became very gusty.

Roseville Crime Report Digest Update (7.30.15)Roseville, CA - Weekly crime report digest update for Roseville, July 30, 2015.

State Moonlights as SlumlordIf a recent study to determine the safety of 29 state-owned buildings tells us anything, it's that the state is a terrible landlord

Community Foundations Fund Senior Nutrition ProgramsAuburn, CA - Thanks to additional funding, Seniors First will soon expand a program established to provide homebound seniors with hot meals and daily social interaction

Hot Pink Fun Run in Roseville to benefit Placer Breast Cancer FoundationRoseville, CA -- The Placer Breast Cancer Foundation is hosting the eighth annual Hot Pink Fun Run event in Roseville.

Air Quality Alert in Placer CountyThe Placer County Public Health Officer and Placer County Air Pollution Control District are issuing a joint air quality advisory to notify the public of the potential for poor air quality

Roseville and Lincoln to Host Senior Softball-USA Western NationalsThe 15th Annual Senior Softball-USA Western Nationals (SSUSA) will take place August 3-9 at Foskett Regional Park in Lincoln and Maidu Regional Park in Roseville


NEWS: In Case You Missed It