Clallam County budget OK for now, deficit looming again next year
July 25th, 2013 - 5:44am
Port Angeles -- So far, Clallam County's budget is in better shape than expected.
But officials caution it may not continue as far in the black by next year.
County administrator Jim Jones released his mid-year budget report to county commissioners this week.
It shows the county would finish the year with 460-thousand dollars more that expected.
Jones says that's mainly due to an unanticipated 800-thousand dollars from the federal government in the money it pays instead of property taxes for its holdings in Clallam County.
The county is also collecting about 200-thousand dollars more than budgeted in sales taxes, and property tax collection are up slightly.
But Jones says those extra revenues will be washed away next year as employee concessions expire.
Jones says coming up with a balanced budget has been made tougher due to big hits the county takes in revenue. One is a dramatic drop in investment revenues.
Investment revenues for the county have dropped from $2.5 million dollars a year to about $110,000 a year.
He also says timber revenues have dropped from $4 million dollars a year to 600-thousand dollars.
Jones will present a preliminary budget by September that will assume no layoffs and reinstatement of the concessions. That's the starting point commissioners will eventually use to come up with the final spending plan by December.
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