County agencies contend with red ink in first months of fiscal year

Riverside County’s chief financial officer told the board of supervisors that “fiscal discipline” is a must to avoid deeper deficit spending and eating up reserves, even though multiple agencies are already struggling with budgetary challenges in the first half of the current fiscal year. “We are on an unsustainable trajectory,” CFO Don Kent said during […]

Board formally adopts county budget

RIVERSIDE – The Riverside County Board of Supervisors formally adopted the $5.5 billion budget, Sept. 26, which it tentatively approved in July, locking in additional funding support for county public safety agencies that began the fiscal year projecting multimillion-dollar shortfalls. In a 5-0 vote without comment, the board finalized appropriations levels for 2017-2018, while still […]

Supervisor Jeffries has positive outlook despite challenges

Supervisor Jeffries has positive outlook despite challenges

Riverside County 1st District Supervisor Kevin Jeffries was the speaker at the Economic Workforce Development Committee luncheon held Sept. 21, at the Diamond Club in Lake Elsinore. “I have been in office four years and nine months, and I have a lot of frustration and excitement,” Jeffries said. “An excitement dampened by our fiscal financial […]

Elsinore Valley Municipal Water District board approved water and sewer rate changes for Aug. 1

LAKE ELSINORE –The Elsinore Valley Municipal Water District’s board of directors unanimously approved its budget with a two-year schedule of modest water and sewer rate increases, Thursday, July 27. The board approved the increases following a public hearing. The adjustments, which took effect Aug. 1 and again July 1, 2018, reflect the rising costs for […]

Board to review additional funding requests

RIVERSIDE – Riverside County supervisors tomorrow will weigh whether to increase appropriations to several agencies that cannot meet their expenses in the current fiscal year, including the Sheriff’s Department, where the shortfall is $50 million. The Board of Supervisors will hold a special afternoon session to review a list of allocation requests that the Executive […]

Wildomar awaits funds for vehicle licensing fees, still faces possibility of budget shortfall

The city of Wildomar will face a slight budget shortfall for the 2018-2019 fiscal year, according to the biennial budget approved Wednesday by city council. For 2017-2018, the budget remains in the black, but it calls for drawing approximately $140,000 from reserves in 2018-2019, which will bring reserves down to around $837,000. To get to […]

Governor signs state budget; Republicans criticize spending decisions

RIVERSIDE – Gov. Jerry Brown signed a record $125 billion state budget Tuesday for fiscal year 2017-18 that Republican lawmakers from the Inland Empire generally criticized as pork-barrel spending with minimal accountability and Democrats praised as a sound financial blueprint that funds critical needs. “California is taking decisive action by enacting a balanced budget,” Brown […]

TVUSD finalizes 2017-2018 school year adopted budget

Temecula Valley Unified School District is in the final stages adopting the 2017-2018 school year budget and Local Control Accountability Plan budget. At this point last year, the district had indications that they were heading toward financial straits with a deficit of $17.9 million by the 2018-2019 school year, according to Assistant Superintendent Lori Ordway-Peck. […]

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