Posted May 23, 2018, on Seventh State:
And next year is already projected to see a $76.8 million shortfall after this year’s shortfall, which was over $100 million.
Suppose you were an elected official reading that information. What would you do? Perhaps you might say, “Wow, things are kind of tight. We need to cut back a little because if there is a downturn, we are going to have a problem.”
That’s not what happened. Instead, the council tapped a total of $77.7 million in one-time fund transfers to finance ongoing spending both this year and next year.
The County Council continues to increase the budget in the face of falling revenues. How long will this behavior go on?.