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Published 12 days ago

Supervisors to choose between spending, reserving TOT money amid budgetary woes

Summary by Times-Standard
The Humboldt County Board of Supervisors must decide fairly soon whether or not to spend an anticipated $1.6 million in transient occupancy tax funds, which typically support local housing, public safety, arts, tourism and film, or hold the money in the General Fund. The considerations result from the county’s dire budgetary situation: a current $12.4 million deficit and, according to a Monday presentation, a completely emptied General Fund by t…

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Times-StandardTimes-Standard

Supervisors to choose between spending, reserving TOT money amid budgetary woes

The Humboldt County Board of Supervisors must decide fairly soon whether or not to spend an anticipated $1.6 million in transient occupancy tax funds, which typically support local housing, public safety, arts, tourism and film, or hold the money in the General Fund. The considerations result from the county’s dire budgetary situation: a current $12.4 million deficit and, according to a Monday presentation, a completely emptied General Fund by t…

12 days ago
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