Available funds drop due largely to Yucca Loma Bridge completion
By Matthew Cabe, Staff Writer
Posted: July 1, 2016 at 1:01 PM
Updated: July 1, 2016 at 3:18 PM
APPLE VALLEY — The Town Council unanimously approved a 2016-17 budget — for the fiscal year that began Friday — and it comes with a nearly 22-percent drop in available funds compared to last year.
The 4-0 vote — Councilman Larry Cusack was absent from the June 14 meeting — approved an $80.7 million budget that is more than $22.5 million less than the FY 2015-16 budget of $103,249,908, town documents show.
Assistant Town Manager Marc Puckett previously told the Daily Press the significant decrease is largely the result of the Yucca Loma Bridge completion, which was an approximately $43 million capital improvement project and depleted the total capital projects for FY 16-17 by nearly $19 million from the previous year.
In addition to the bridge project, the gap between service expectations and fiscal reality has gradually widened over the last 10 years, according to town documents.
“New programs and services have been added over the last 10 years with no significant sources of new resources identified to provide for the new funding requirements,” the documents show. “These conditions, coupled with normal inflationary increases and the lingering impacts of the past recessionary cycle, have placed increased pressure upon existing resources and eliminated budgetary flexibility that had existed previously.”
As a result, the 2016-17 budget process focused on scaling expectations and services to a level that is supportable within existing fiscal constraints, according to the documents.
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