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Down revenues calling for more belt-tightening to be discussed by county supervisors today

RIVERSIDE - Revenues will be down at the end of the fiscal year despite signs of a modest recovery, and several departments are anticipating shortfalls, meaning more belt-tightening is required, says a report Riverside County supervisors will review today.

In a first-quarter budget update for the 2011-12 fiscal year, the Executive Office reported that continued sluggishness in the housing market, hesitant consumer spending, lower investment returns and unpredictable state funding will all bear on the county's financial health going forward.

''Tepid signs of recovery are outmatched by the reces...

 

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