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Commissioners confront $3.6M income‑tax shortfall; direct administrator to seek savings while protecting sheriffs staffing needs
Summary
St. Mary's County staff told commissioners Jan. 26 that a revised estimate of FY2015 income‑tax receipts produced an expected $3.6 million shortfall; after identified offsets staff projected a remaining FY2015 gap of about $771,000 and the board directed the county administrator to identify savings with priority on protecting sheriff staffing.
St. Mary's County staff told commissioners on Jan. 26 that a revised estimate for FY2015 income‑tax receipts produced a projected shortfall of about $3.6 million. Staff outlined potential offsets and midyear actions and asked for direction to balance the FY2015 budget and inform FY2016 planning.
Staff described the revenue methodology (using tax‑year 2012 as a basis and applying a 3% growth assumption rather than building FY2015 estimates on the single anomalous 2013 tax year). Using that approach staff estimated FY2015 income‑tax receipts at about $81.6 million versus the FY2015 budgeted level of $85.2 million, producing the $3.6 million variance. Staff…
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