- Special Sections
- Public Notices
The focus of this year’s budget hearings–which begin Monday evening–will take a sharp about face from recent years. No new requests for spending are on the docket. Staff will instead present a plan for addressing a projected $8.6 million reduction in revenues to the General Fund, a decrease of 13 percent from FY2013. Most of the shortfall is due to decreased spending at Los Alamos National Laboratory, the primary source of gross receipts tax.
“That’s really been the biggest issue we’ve been struggling with, is how we address the reduction in revenues, largely initiated by federal expenditure reductions. Obviously we’re in a situation where we have to reduce our expenditures based on reductions in our revenues,” County Administrator Harry Burgess said. “And we’re also looking toward the future, and what kind of expectations we have for future revenues.”
Staff received guidance from council in January on what steps they could take to meet the shortfalls. The proposed budget is a reflection of staff’s efforts to implement that guidance and conform to the parameters council defined.
The largest expenditure is in personnel costs.
If you currently subscribe or have subscribed in the past to the Los Alamos Monitor, then simply find your account number on your mailing label and enter it below.
Click the question mark below to see where your account ID appears on your mailing label.
If you are new to the award winning Los Alamos Monitor and wish to get a subscription or simply gain access to our online content then please enter your ZIP code below and continue to setup your account.