Today, Yolo County released its 2015-16 Recommended Budget and 2014-15 Annual Report. The Board of Supervisors will consider the recommended budget on June 16. Total expenditures for the county are recommended in the amount of $346,140,712 with general purpose revenues of $64,267,400, which represents an increase of $2,056,823 from the 2014-15 estimated general purpose revenue. Capital expenditures are recommended at $3,618,159.
This year’s Recommended Budget takes a cautious approach due to the already extended length of the existing economic recovery. Even as the economy proceeds through a gradual recovery, Yolo County continues to experience higher unemployment levels than surrounding areas, the state and the nation. Job growth, while improving, continues at a slow pace.