Sunday, June 10, 2007

Housing slump may dampen budget outlook

Lompoc Record: Three days of hearings on Santa Barbara County's proposed $800-million budget for 2007-08 begin Monday, with the financial picture strong for the coming year but shakier in the future, as a slumping housing market and construction slowdown affect property-tax revenues.

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The two-inch thick, 413-page document has a wealth of financial and demographic information, about not only county government but the entire Santa Barbara County region. It is available for viewing or copying online at www.countyofsb.org/cao/budgetresearch/budget0708.asp.

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