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$866 Million Budget for Placer County Approved




The Placer County Board of Supervisors has approved the county's final 2017-18 budget of $866.2 million, an increase of 6.2 percent from the previous year's budget of $815.8 million. District 2 Supervisor Robert Weygandt was absent.

The board adopted a proposed budget of $796.5 million June 13 for the county's fiscal year beginning July 1. The final budget reflects updated revenues and costs.

"This is a balanced budget that recognizes future obligations, protects the county from potential foreseeable impacts and provides critical services to the communities," said Kate Sampson, deputy county executive officer.

Property taxes, the county's largest revenue source, continue to trend upwards as property values increase. Sales taxes, transient occupancy taxes and other revenue sources tied to the county also continue to improve; however, growth from those revenues are expected to soften as financial experts contemplate the potential for an economic slowdown.

One-time budgeting adjustments for several critical areas were delayed until now, to ensure a clear picture of the final balances at the end of the last fiscal year. Some of those items included in the final budget are:

* Nearly $5 million in funding for road repair and infrastructure, including road overlays in eastern Placer County and 100 miles of chip seal in south Placer County;
* $1 million in funding for open space property acquisition in support of the Placer Legacy Program;
* $2.3 million in funding for public safety technology upgrades;
* $1.1 million investment to offset unfunded pension obligations;
* $1.9 million in general fund contingency reserves;
* $1.5 million in reserves to account for economic uncertainties; and
* $225,000 toward the county's housing program work plan, partnering with other agencies and non-profits to ensure attainable housing for people of all income levels.

This budget reflects the expected $2.9 million in revenue from California's new Road Maintenance and Rehabilitation Account, created from Senate Bill 1, which recently increased the gas tax among other funding mechanisms. That funding is planned for local road projects.

Placer County's operating budget can be seen anytime at www.placer.ca.gov/transparency.





Placer County News Headlines

13 Locations in Placer County for Free Medication Take-back Roseville, CA- A free medication take-back event will take place at 13 locations throughout Placer County on Saturday, Oct. 28.

Roseville Flash Crime Report (10.20.17)Roseville, CA - Digest summary update of Roseville Police activity through October 17, 2017.

Worst of Humanity: Arrests as FBI Targets Underage Human TraffickingSacramento - The Federal Bureau of Investigation, along with the National Center for Missing & Exploited Children (NCMEC), announced that 84 minors were recovered and 120 traffickers were arrested

Wildfires are Increasing Housing CrunchSacramento area Realtor, Julie Jalone of MagnumOne Realty in Roseville, writes about the wine country wildfires and how they are impacting the housing crunch and the displaced homeowners.

Sierra College Holds People & Culture Days CelebrationRocklin, CA - Have you sampled homemade tamales? Have you danced to Greek music? Can you make a Japanese origami crane?

Traffic Alert: Closure of I-80 and Hwy 65 Interchange ScheduledRoseville/ Rocklin, CA - On Saturday, October 21 from 11:00 p.m. to Sunday, October 22 at 6:00 a.m., PG&E will relocate three lines over Highway 65 between I-80 and Galleria Boulevard/Stanford Ranch Road,

Golden 1 Center Creates Economic Spark for SacramentoSacramento, Calif. - Downtown Sacramento Partnership and the Greater Sacramento Economic Council today unveiled new research explaining indicators that show the unprecedented change

California Fire Death Toll Hits 41California Fire Updates 2017: In the past week, over 245,000 acres have burned across California. More than 11,000 firefighters continue making progress on 12 large wildfires burning in the State

Volkswagen unveils versatile new GolfRoseville, CA,- The all-new 2017 Volkswagen Golf Alltrack. Volkswagen has attempted to build the Alltrack with some enviable features that give it the versatility that appeals to people who enjoy staying active.

Roseville Gas Prices Continue DroppingRoseville, CA, - More good news for Roseville area motorists as gas prices continue to move lower. The cooler weather is moving in and autumn weekday road trips are idyllic

31 Confirmed Dead in California Wildfire DevastationCalifornia Fire Updates 2017: The death toll has risen to 31 across 4 fires as estimates remain that 3,500 homes and other structures have been destroyed

Placer Women's Retreat in Roseville on November 4thRoseville, CA- The Placer Women's Retreat will take place at the Falls Event Center in Roseville on November 4, 2017.


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