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$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

Pediatric Dialysis Center Opens at UC Davis Children's HospitalUC Davis Children's Hospital recently opened a new pediatric dialysis center, where patients and their families will be trained on home-based peritoneal dialysis.

Marriage Insight from a Sports ColumnistLast column, I featured Paul Daugherty, nationally acclaimed Cincinnati Enquirer sports columnist, whose daughter Jillian was born with Down syndrome.

County Views Infrastructure Program as a Win-WinAUBURN, Calif. -- Community development and public works projects in Placer County will soon be cheaper and faster after the county board of supervisors voted unanimously

Real Estate: We Still Want to Own Our Home!Roseville, CA- Realtor, Julie Jalone of MagnumOne Realty in Roseville, writes about the recently released Housing Report from Harvard University.

Senior Softball Championship in Roseville and LincolnRoseville, CA - Senior Softball is heating up Placer Valley August 2-7 when the 16th Annual Western National Championships swings into Roseville and Lincoln.

Solitary Cellars 2014 Barbera WineRoseville, CA- What better way to start our new Wine Section than with a wine that is famously friendly in its ability to easily pair with a wide variety a foods.

Rachel Constantini named WJU's Interim Women's Soccer CoachROCKLIN, Calif. - William Jessup University Athletic Director Lance Von Vogt announced recently that Rachel Constantini will be taking over as Interim Head Women's Soccer Coach.

Let's Get Uncorked: Wine Review SectionRoseville, CA- Election Day is rapidly approaching and the time is ripe for serious discussion. In California, few things are as serious as wine.

Dead & Company: Perfect Dose of Party Unity Wheatland, CA- With 105 degrees in the forecast, it's going to be a hot show. Weather aside, Dead & Company continue racking up one incredible performance after another

Baby Boomer Festival and Expo in Roseville on August 13thRoseville, CA- The Baby Boomer Festival and Expo is scheduled for Saturday, August 13th at the Placer County Fair and Events Center in Roseville.

Treating Addiction: Placer County Seeks New ApproachPlacer County is developing a new approach to addiction treatment that treats addiction as a disease, and coordinates addiction services across county departments

Sierra College's Tech Ed Skills on ABC's BattleBotsRocklin, CA - Sierra College Mechatronics Professor Tony Osladil and his former student Jeff Gomez were invited to be on a team for this summer's BattleBots


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