•$86-96M general fund revenue loss for 2008-2009
•$153M for 2009-2010
In what is likely to be the final budget outlook briefing to the San Diego County Board of Supervisors before the county’s 2009-2010 budget is prepared, a February 10 presentation estimates general fund sales tax and property tax revenue for fiscal year 2008-2009 to be $86 million to $96 million below budget while predicting a $153 million shortfall in such general fund revenue for FY 2009-2010.
“That is significant because that is our discretionary money,” said Board of Supervisors chair Dianne Jacob. “It’s happened to the...
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