S.L. County Council gives tentative nod to new budget

Published: Wednesday, Dec. 3, 2008 12:49 a.m. MST
 |  E-MAIL | PRINT | FONT + - 
The Salt Lake County Council gave tentative approval Tuesday to a 2009 budget that found an additional $1.5 million in savings on top of Mayor Peter Corroon's fiscal package that had already slashed $11 million from last year's operating expenses.

The nod came after the board weathered another grim revenue report from County Auditor Jeff Hatch. Tax-collection figures continue their downward trend in most areas, and projections indicate that next year's numbers could be even worse. Though Hatch's "worst case" scenario posits a possible $4 million decline next year, he noted that new efforts at federal monetary controls and the changes that may come with President-elect Barack Obama's incoming administration could bode well for the county.

"A new president with new fiscal policy could actually help the county substantially if we see a jobs-creation program," Hatch said. "There's plenty of opportunity in municipal services to re-group, with federal money backing us up."

Hatch said the chaotic and unprecedented nature of local and national economic uncertainty makes fiscal projection modeling — at its best an educated guess — even less reliable. Those projections, for the moment, are indicating an increasing gap between growing county expense obligations and shrinking revenues through 2011.

Story continues below
The council's added budget savings were mostly accomplished through a re-allocation of fuel funds for the county fleet, an adjustment that could come back to haunt the county if fuel prices return to recent record-high levels.

Final approval for the 2009 budget is slated for Dec. 9.


E-mail: araymond@desnews.com

Comments

You can be the first to comment on this story.

previousnext

Latest comments

BYU football: Unga resting to heal

As long as BYU doesn't try to go deep, they are going to be fine on offense....

Utes' Wynn in for awakening

This game is actually very close on paper. BYU has more yards per game, but...

Way to go Donny you had my vote from the start. I thought they gave to much...

Is there someplace where we can watch the Cougarettes perform? Is there...

How is Pleasant Grove ranked higher than Syracuse when Syracuse beat them in...

RSL defied doubters to win title

Just wanted to put my 2-cents worth in to all of this. So if anyone...

Jazz need to win during homestand

you will wait the rest of your life.. He could care less

I've been reading the book with by daughters. It's a short book and it...

The ethics commission simply researches complaints. They have no power to...

Well, maybe the Ute program has maturity but the fans...? See post above.

Advertisements