Tehama County Board of Supervisors to hear finance report
RED BLUFF — Auditor-Controller Krista Peterson will give a presentation on Tuesday on Tehama County’s finances for September through December 2023 and March 2024 for Fiscal Year 2023-2024. As of March 2024, total expenditures were $165,967,693 compared to $151,207,024 in March 2023. According to staff, there was a reduction in contributions to other agencies of $2,300,209. This is mainly due to COVID money going to the Red Bluff Chamber for small business grants in the fiscal year 2022-2023. That said, the decrease was offset by increases seen in assistance programs administered through Social Services of $1.1 million and $236,547 in Fire’s Schedule A expense. Staff say that the general fund has received 61 percent of budgeted revenues. As of March 31, 58.9 percent of the tax revenue was received. Property Tax revenue is up $783,819, while sales tax revenue is down slightly. Charge for services is 66.7 percent of the budget, and other revenue has only seen 23.3 percent of its budgeted revenue. Staff shared that the $546,803 budgeted in this category primarily comprised a donation from the Nomlaki Tribe in the amount of $350,000.