As the major funder of the Parkway and the sole manager, the bad financial news that continues to deepen at the County, does not augur well for the future of the Parkway, typically among the last in the funding queue.
An excerpt.
“Sacramento County officials announced Monday that the projected general fund gap has grown by nearly $19 million to $187 million, complicating county agencies' efforts to make ends meet.
“Based on the new estimates, top county officials have asked their department chiefs to work with dramatically reduced funding for the new fiscal year beginning July 1.
“The county has just begun talks with its unions on contract concessions – cost-of-living increases and furloughs – and is hoping federal stimulus funds will soften the blow.
“But county officials said the new budget deficit indicates that cuts to staff, programs and services are likely.
“Departments chiefs from Health and Human Services to Probation spent much of Monday trying to fathom the scope of the cuts in general fund allocations outlined for each of them late Friday.”
