Tuesday, January 2, 2018 – 12:00 a.m.
San Bernardino County, California is sporting a healthy budget reserve in its current fiscal year.
The county budget for the county’s 2017-2018 fiscal year, approved last summer, shows the county with cash reserves of $401,314,653.
The amount is broken into two categories; General Purpose Reserves and Specific Purpose Reserves.
It’s kind of a shell game. Specific Purpose Reserves are classified as such until the county administrative office and board of supervisors decides otherwise.
The $402 million amount doesn’t include the millions of dollars stashed away in the contingencies line item of each departments budget.
In other words the county is flush with cash. Yet the county has some of the lowest paid sheriff’s deputies in Southern California, whose ranks constantly shrink due to attrition to other agencies and retirement.
To view the current budget reserve table, click the following link: San Bernardino County – Projected Budget Reserves 2017-18
However it should be noted that the county, in it’s budget presentation, has increased its outlay for Risk Management.
The special mention goes as follows: “Requirements are increasing in Risk Management Insurance Programs by $13.4 million due to an increase in settlements, liability claims experience, and increased medical claims costs in workers’ compensation.”
One can expect a larger outlay for this category and litigation in the coming fiscal year.