2018-19 Financial Outlook

The County is committed to investing in San Diego, and it all starts with good stewardship of public resources. The County of San Diego’s spending plan focuses on the needs of today as well as those for tomorrow.

 

In Fiscal Year 2018-19, the budget will increase 8.4 percent from the previous year to $6.3 billion. Each of the County’s business groups will see budget increases. To support our most vulnerable residents in the community, the County will make a record-high investment in behavioral health services. Funding for new and expanded public services include drug and alcohol treatment programs, housing strategies and affordable housing development projects, mental health programming in detention facilities, services to reduce juvenile delinquency and gang violence, disaster prevention planning and response, and independent law enforcement oversight. The County will also invest in neighborhoods by opening new parks and trails.

The budget reflects a substantial and strategic use of reserves for one-time investments in innovative pilot programs that provide critical support to residents and communities, capital projects and debt repayment. The long-term pension stabilization strategy will continue. The County will increase the number of staff positions by 1.0 percent next year to 17,583.5 full-time equivalent positions.

 

The County of San Diego proudly maintains a very strong fiscal position with AAA credit ratings from all three major rating agencies. Throughout the year, the County implements several strategies to maintain a strong fiscal position. This last year, the County established a new pension tier and set aside resources to support existing pension obligation bonds.

 

These and other practices create stability, allowing the County to continue providing high-quality services to residents in the region.

 

For more on our budget, visit budget.sandiegocounty.gov

2018–19 Adopted Budget at a Glance

Click to enlarge

2018–19 Adopted Budget at a Glance

Click to enlarge

Copyright 2018 © County of San Diego