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County Briefed on Fiscal Health


Thursday, November 7, 2013

The Board of Supervisors on Tuesday received a report on the county’s financial health, which was diagnosed for now as ill but expected to make a full recovery by the 2018-2019 fiscal year. According to the report, the deficit for the 2014-15 fiscal year hovers around $7.9 million but is expected to morph into a $6.8 million surplus in five years. The report also noted that the biggest cost increases for ‘14-‘15 will revolve around salaries and benefits and that the Affordable Care Act remains “a large unknown” for the Health Services departments.

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