Huntington Beach Uses Reserves to Close Budget Gap

Huntington Beach Uses Reserves to Close Budget Gap

Huntington Beach City Council members are relying on financial reserves and one time funding to close a nearly $4 million budget gap as city staff projects even more challenging municipal budgets in the coming years.  Expanding spending for the city’s police and fire departments, along with smaller expansions to both the city treasurer and city attorney’s offices, combined with shrinking tax revenue is continuing to dog city leaders as they try …

County uses reserves to make ends meet in tough budget year

A nearly $112 million county budget that includes no tax hike and a hefty dip into the county fund balance — a rainy day savings account for times such as these — was passed unanimously at the Haywood County Board…