Presentation Title
County of Riverside Fiscal Conditions
Presentation Type
Oral Presentation
College
Jack H. Brown College of Business and Public Administration
Major
Public Administration
Session Number
1
Location
RM 218
Faculty Mentor
Dr. Marc Fudge
Juror Names
Moderator: Dr. Victoria Seitz
Start Date
5-19-2016 2:20 PM
End Date
5-19-2016 2:40 PM
Abstract
The County of Riverside’s fiscal conditions were evaluated. The County faces serious fiscal issues stemming from discretionary spending that exceeds discretionary revenue. The Great Recession of 2008 precipitated the County’s economic downturn. However, Federal and State budget cuts coupled with legislative acts in Sacramento hastened the process. It is recommended the County implement cost-control measures, seek State funding, and restructure union contracts in pursuit of fiscal solvency.
County of Riverside Fiscal Conditions
RM 218
The County of Riverside’s fiscal conditions were evaluated. The County faces serious fiscal issues stemming from discretionary spending that exceeds discretionary revenue. The Great Recession of 2008 precipitated the County’s economic downturn. However, Federal and State budget cuts coupled with legislative acts in Sacramento hastened the process. It is recommended the County implement cost-control measures, seek State funding, and restructure union contracts in pursuit of fiscal solvency.