$1.2 BILLION BUDGET OK'D BY SUPERVISORS.Byline: - Daily News The Ventura Ventura (vĕnt  `rə), city (1990 pop. 92,575), seat of Ventura co., SW Calif., on the Pacific coast in a farm and oil region; inc. 1866. County Board of Supervisors The examples and perspective in this article or section may represent an unduly geographically limited view of the subject.Please [ improve this article] or discuss the issue on the talk page. The Board of Supervisors is the body governing counties in the U.S. on Tuesday Tuesday: see week. voted 4-0 to adopt a $1.2 billion spending plan for 2002-03. The county closed a $17.6 million gap by reducing spending by 4.2 percent among all departments, except for public safety departments, where spending increases were increased by 2.1 percent. Earlier this year, supervisors trimmed $3.8 million from the shortfall Shortfall The amount by which the capital required to fulfill a financial obligation exceeds available capital. Notes: Shortfall risk is often combated with an efficient hedging strategy created by a fund, group, institution, or individual. by not funding 44 unfilled job positions. The county budget, however, doesn't include a potential loss of million of dollars in state funding as Sacramento prepares to close its $26 billion state deficit. |
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