Humboldt County departments make cases for funding amid financial cataclysm times-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from times-standard.com Daily Mail and Mail on Sunday newspapers.
On Tuesday, the Humboldt County Board of Supervisors discussed their ongoing fiscal deficit and will form a plan addressing the crisis in the coming months. The county, facing a $12.4 million deficit for fiscal year 2023-24, – down from previously projected estimates of $18.4 million – was reduced by roughly $6 million courtesy of tax […]
Humboldt County’s financial straits are less dire than initially projected, and on Tuesday, the Humboldt County Board of Supervisors will discuss the looming $12.4 million shortfall for fiscal year 2023-24. However, earlier projections estimated the deficit hovering somewhere around $17.7 million to $18.4 million. County cash flows – mainly through a $3.1 million infusion from […]
The county’s fiscal year 2022-23 end balance increased from $25 million to $36.8 million since the proposed budget for this fiscal year was adopted. The fund balance use of the previous fiscal year also went down from $15 million to $6.2 million and the ending balance that year went from $40 million to $43 million.