Budget and Finance News

Outlook: County Anticipates $12-22 Million Budget Gap Next Year
Date: 11/10/2020 11:02:20 AM
While expenses are growing at expected rates, revenue growth is expected to shrink.
County to Consider Cutting Positions to Close Budget Gap
Date: 8/5/2020 11:30:00 AM
County Board of Supervisors prepares to cut about 28 positions to help close $26.3 million budget gap
County Reaches Labor Deal with Largest Employee Union
Date: 1/15/2020 5:38:03 PM
The County and SLOCEA have two separate agreements, one for what is known as the “Big Unit” (1,545 employees) and the other for what is know as the “Trades Unit” (182 employees).
County Prioritizes Homelessness for Next Fiscal Year
Date: 11/14/2019 8:54:49 AM
Homelessness has been adopted as a priority for the County's FY 2020-21 budget.
County Grants $210,000 to Enhance Economic Development
Date: 11/6/2019 2:07:43 PM
By granting the economic development funding, the County hopes to see successful businesses employ county residents and establish a robust local economy.
$5.5M Allocated to Five Local Homeless Services Projects
Date: 4/24/2019 9:15:19 AM
Five local projects will help homeless persons in SLO County find stable permanent housing and access to emergency food, shelter, medical assistance and transportation resources
County Allocates Economic Development Funds to Jobs Development Project
Date: 4/24/2019 8:37:38 AM
$300,000 of funds related to easing local economic impacts of the closure of Diablo Canyon Power Plant have been allocated to a project that could benefit the entire county.
Board Receives Update on Next Year’s Budget
Date: 2/27/2019 8:57:44 AM
Based on budget requests from departments, the County needs to close a $2.5 million to $4 million gap to balance the budget for the coming fiscal year.
County Reports Financial Status for Second Quarter
Date: 3/20/2019 4:58:26 PM
Overall the County is on track financially in the current fiscal year. However, some issues could impact the General Fund in the third quarter.
County Departments Start to Prepare Budget Requests
Date: 12/19/2018 1:46:55 PM
County departments have begun preparing their budget requests for fiscal year (FY) 2019-20 as the County attempts to close a projected $5 million to $10 million budget gap.
County Sets Next Year's Budget Priorities
Date: 11/19/2018 11:05:22 AM
The County has established a list of short-term and long-term budget priorities.
New State Law Safeguards Public Health, Safety as Diablo Canyon Closes
Date: 9/19/2018 5:11:45 PM
Governor signs bipartisan bill to ease the local and statewide impacts of the Diablo Canyon Power Plant closure.
Board Poised to Adopt Balanced Budget After Changes
Date: 6/14/2018 4:48:39 PM
The County Board of Supervisors directed staff to make some changes to the recommended $622.2 million budget for fiscal year (FY) 2018-19 at this week’s public budget hearing.
Public Invited to Attend County Budget Hearing Next Week
Date: 6/8/2018 4:40:11 PM
Those who attend will hear and be able to comment on a variety of topics, including changes to local libraries, updated airports services, long-term planning for Public Works, the future of local emergency services, and how the County is addressing cybersecurity. Items not heard on Monday will continue to Tuesday at 9 a.m. for discussion.
6 Things to Know About County of SLO’s Recommended Budget
Date: 5/29/2018 9:41:39 AM
Next fiscal year’s recommended budget has officially been introduced to the Board of Supervisors. Here's what you need to know.
County Slows Hiring to Close Next Year’s Budget Gap
Date: 3/28/2018 9:13:08 AM
The County is still hiring, but is slowing down the rate at which it fills vacant positions this year to help close next year's budget gap.
County Reports Good Financial Status in Second Quarter
Date: 3/7/2018 9:48:16 AM
The County of San Luis Obispo was in good financial shape at the end of the second quarter of this fiscal year, according to a recent report.
County Officials Revise Next Year’s Financial Forecast
Date: 10/24/2017 10:05:38 AM
County officials have revised the outlook for the coming fiscal year after discovering a miscalculation in the financial forecast reported on Oct. 10.
Financial Outlook Still Positive as Growth Slows
Date: 10/10/2017 3:37:14 PM
The County's financial forecast looks positive, but officials on Tuesday said that growth is slowing.
County Ends Fiscal Year with $37.5 Million in Savings
Date: 9/13/2017 1:55:07 PM
The Board of Supervisors chose to allocate those extra funds to savings accounts, pension debts, and future projects.
County Budget Earns National Award for Transparency
Date: 7/20/2017 2:13:07 PM
On the heels of presenting a recommended budget that was adopted by the Board of Supervisors on June 20, the County of San Luis Obispo Administrative Office was once again nationally recognized for meeting the highest principles of governmental budgeting.
County Staff Introduces Recommended $590M Budget for FY 2017-18
Date: 6/8/2017 3:24:24 PM
The County's recommended FY 2017-18 budget is available for the public to review. Budget hearings will take place on June 12, 13 and 14, 2017.
Some County Fees Set to Change in 2020
Date: 11/19/2019 2:18:39 PM
The County will have 1,978 fees for FY 2020-21, which is just seven (or less than 1%) more than the current year.

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