Published on Friday, August 29 2014 14:42
Projected revenues for 2015 were increased from $172 million to $176 million in the third budget workshop held by Hidalgo County Commissioners Court.
At the same time, Budget Director Sergio Cruz decreased the projected shortfall from $16 million to a projected shortfall of only $35,548. At the last workshop, Cruz suggested reducing operating expenditures, the amount of money set aside for indigent health care and COPS grant employees to save $9 million.
Wednesday, Cruz found $7.5 million in additional revenues to cut the shortfall even more. Additional revenues include $2 million for the sanitation permit, $500,000 from a land sale, $2 million from salary savings, and $1 million each from third party collection, lapsed operating expenditures and additional revenue.
Read more: County increases projected revenues for 2015