Riverside County weighs a $60M reserves draw to close out this fiscal year

Public Finance
Written By Cole Sperry

NBC Palm Springs: The Board of Supervisors took up a third-quarter budget report Tuesday recommending a drawdown of about $60 million from county reserves to cover unexpected deficits across multiple agencies as the current fiscal year ends June 30. CEO Jeff Van Wagenen's report cites ongoing structural and operational fiscal pressures.

Cole Sperry
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