Audit Sheds Light on County’s 2007 Deficit

In January we asked in a Policy Brief (vol.8, no.7): ‘When did the County’s 2007 deficit appear and why?’ At that time, we had just learned of the mysterious December 31 appearance of $22.4 million from state gaming funds. The Chief Executive stated the money was needed to cover a deficit in the 2007 budget, a deficit he averred was explained thoroughly to the County Council. However, there is no record or mention in the minutes of Council meetings or Budget and Finance Committee meetings to confirm that Council had been briefed on an impending 2007 deficit. Continue