A projected $66 million structural budget deficit impacting Riverside County government will be top on the Board of Supervisors’ agenda Monday, when hearings on the proposed 2026-27 fiscal year budget get underway.
“Like many public agencies throughout California and across the nation, the county is experiencing increasing fiscal pressure as ongoing expenditure growth continues to outpace recurring discretionary revenues,” county CEO Jeff Van Wagenen said in an introduction to the budget report that the board will consider.
“The budget reflects a transition from a period of extraordinary revenue growth to one requiring increased fiscal discipline,” Van Wagenen added. “While the county continues to face rising costs and growing service demands, prior investments in reserves and prudent financial management provide the flexibility necessary to navigate current challenges while preserving core services, advancing strategic priorities and maintaining long-term fiscal stability.”…