Placer County approves $815.8 mil. budget

The Placer County Board of Supervisors this week approved a $815.8 million budget for 2016-17.

The budget is balanced conservatively as property taxes, the county’s largest revenue source, continues to increase. In addition, sales taxes, transient occupancy taxes charges on lodging and other revenue sources tied to the economy continue to improve.

“Regarding the tree mortality dollars: I’m delighted that we were able to identify three-quarters of a million dollars for a state match grant,” said Supervisor Jennifer Montgomery, “I think this is going to become a much larger issue in the very near future and we will be having future conversations on how we’re going to identify additional dollars.”

The board will receive a mid-year review of the county finances in early 2017 and recommend any needed adjustments to further board priorities.