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More State Budget Surpluses Good News Nevada Co

California’s economy is expected to stay strong through the decade, with the Legislative Analyst predicting state budget surplusses to continue. Nevada County’s Deputy CEO, Martin Polt, says that should strengthen fiscal stability of their services, after years of cuts and funding uncertainty…

click to listen to Martin Polt

Polt says some of Nevada County’s revenues have come back to pre-recession levels, especially for Health and Human Services that are highly dependent on federal and state funding. He says this also allows the county to re-fortify their reserve fund and be better prepared for the next economic downturn…

click to listen to Martin Polt

But Polt says property tax revenue continues to lag, which is used, in part, for pension costs. He says staffing has been reduced 26-percent over the last six to eight years but the county will remain fiscally conservative about restoring positions and services.

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