Saturday, June 14, 2014 – 07:00 p.m.
The financial picture for San Bernardino County is becoming rosier by the day.
On Tuesday, the Board of Supervisors will give approval of the county operating budget for the 2014-15 fiscal year, which commences on July 1.
One reality has definitely changed from years past though. The county can no longer cry that it’s in the poor house.
Some of the noted budget highlights include:
- The recommended budget of $4.363 billion is 3.3% lower than in 2013-14.
- The county total reserves are projected to set a new record of $323.8 million. That’s an increase of just over 73% from June 30, 2013. The reserve will increase by $39.3 million in the new fiscal year.
- Total full-time and limited-term positions will increase by 189 to a grand total of 20,023.
- The county will only fund 222 beds at the newly-expanded High Desert Detention Center. Full staffing and operations will not be fully funded until 2018-19.
Interestingly, the budget presentation says the county is having to fill a $21 million funding gap. But that statement includes the aforementiond contribution of just under $40 million into specific use reserves.
It’s a point that we’re sure the county’s general employees will undoubtedly find interesting.
It’ll also be interesting to see by just how much the county has underestimated the property tax revenue projections.