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Ventura County adopts recommended budget; medical system warns of cash‑flow risk tied to supplemental funding
Summary
The Ventura County Board of Supervisors received and filed the recommended fiscal-year 2025–26 budget June 3; staff proposed using a projected $35 million–$50 million residual to bolster reserves, deferred maintenance and select projects.
The Ventura County Board of Supervisors received and filed the recommended fiscal-year 2025–26 budget June 3 and approved staff recommendations that included a plan for a portion of an expected residual fund balance.
County Chief Financial Officer Scott Powers and Budget Director Brian Friedman told the board the county expects to end fiscal 2024–25 with a projected residual general‑fund balance of $35 million to $50 million (about 2.0%–2.8% of adjusted appropriations). Friedman said staff recommend allocating $12.5 million to unassigned “rainy day” reserves, $10 million toward deferred‑maintenance capital renewal, $10 million toward Family Justice Center needs and the remainder toward program mitigation and one‑time priorities.
"Between $10 and $20 million of that is salary and benefit…
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