IE Business Daily Business news for the Inland Empire.
Riverside County has approved the recommended $10.3 billion budget for the 2026-2027 fiscal year.
The budget, which the board of supervisors approved unanimously, “reflects a slowing revenue environment, rising operating costs, and increasing demand for County services,” according to a statement on the county’s website.
The budget includes $3.1 billion for health services, $2.4 billion for public safety, $2 billion for human services and $1.1 billion for public works.
“The county’s budget marks a transition from a period of extraordinary revenue growth to our current state that requires increased fiscal discipline,” said Jeff Van Wagenen, county executive officer, in the statement. “The county’s costs continue to outpace discretionary revenue growth. As a result, we are using several strategies to preserve core services (and) avoid widespread layoffs.”
Formal adoption is scheduled for the board’s June 23 meeting.
