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County Commissioners Move Forward with FY 2015 Recommended Operating Budget

County Commissioners Move Forward with FY 2015 Recommended Operating Budget

The Frederick Board of County Commissioners Thursday moved forward with a balanced FY2015 Recommended Operating Budget that closed the $13 million deficit presented in the Base Budget on December 19, 2013. At that time, the Budget Committee proposed using $7.5 million in reserves to reduce the unfunded deficit to $5.5 million, including $1 million of excess fund balance in the Workers Compensation Fund and $6.5 million from the Fleet Fund.

Board President Blaine Young commented, "As a result of the hard work of our Budget Committee and our county directors, we are pleased to take the next step in our budget process with the FY2015 Recommended Operating Budget. We have filled a $13 million hole in next year’s budget, avoided any cuts to services or our employees, and best of all, we are presenting a balanced budget to the citizens of Frederick County. Instead of reducing the deficit by making cuts that would affect our citizens, we went back to our directors and they came up with almost one million dollars in additional savings. Other notable savings resulted from the use of private services after employees retired and savings in equipment replacement and maintenance costs."

The Proposed Operating Budget is scheduled to be finalized at the April 15 board meeting and released on April 18.  The public hearing will be held on May 6 at Oakdale High School at 6:00 p.m.

 

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