SLO County proposes $494.8 million budget
May 15, 2013
The proposed 2013-2014 budget represents a $3.9 million increase from the 2012-2013 budget and currently contains a $2.2 million deficit that the supervisors must close prior to adoption in June.
County administrators proposed a $410.7 million general fund, which represents a $7.7 million increase from the current year.
Funding for roads takes a 2 percent cut in the proposed budget, while funding for the sheriff’s office increases to cope with state prison realignment.
Administrators are expecting a 2 percent increase in property tax revenue and a 3 percent increase in transient occupancy tax revenue.
The county is entering the sixth year of a seven-year plan to eliminate budget deficits. Over the past four years, the county has reduced its budget gap from $30 million in 2009-2010 budget cycle to the current $2.2 million level.
Board of Supervisors budget hearings will begin June 10.