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San Bernardino County previews cautious 2025–26 budget, sets aside reserves for pensions and human services
Summary
County CEO and CFO told the Board of Supervisors their recommended 2025–26 financial approach emphasizes prudence: smaller ongoing program growth, large employee-related set‑asides, and one-time pension and capital funding while retaining reserves for uncertainty.
San Bernardino County officials on Tuesday presented a conservative financial plan for fiscal year 2025–26 that emphasizes reserve-building and limited ongoing program expansions while keeping one-time funds available for capital and pension risks.
County Chief Executive Officer Luther (CEO) and Matthew Erickson, chief financial officer for the county finance department, told the Board of Supervisors the proposal is intended to balance continued service delivery with caution amid uncertain state and federal funding and market volatility. "What we've tried to do is balance allocating the resources, from the standpoint of not being overly conservative and still promoting growth in where it makes sense," Luther said during the presentation.
Erickson said the administration is projecting 3% annual property-tax growth in its five‑year forecast and is deliberately avoiding aggressive revenue assumptions. "We are projecting 3% property tax growth in our 5‑year forecast," Erickson said. He noted the county saw 6.7% annualized…
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