Supervisors say county finances appear stable

Riverside County government revenue will not be in the dire condition anticipated earlier in the current fiscal year, thanks mostly to federal coronavirus-related reimbursements, giving the county Board of Supervisors Tuesday, March 9, reason for optimism. “We’re doing pretty good, given what we’re contending with,” Supervisor Kevin Jeffries said in response to the 2020-2021 midyear budget report. “Revenues seem pretty strong ... with the infusions of state and federal funds.” The biggest takeaway from the 40-page report was the executive office’s prediction for aggregate year-end reserves – $244 million. The estimate put forward in November was $222 million, with officials believing a combination of lower general fund revenue and greater needs would shrink the pool o
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