Democrats on the county Board of Supervisors took an initial vote Tuesday to unleash the county’s massive reserve fund to combat federal cuts.
Crucial context: The board’s 3-2 vote, opposed by both Republicans on the board, won’t allow the county to dip into its reserve account immediately.
First, the board will need to take a second vote on Sept. 9. The policy change will take effect 30 days later.
Soon after the early October effective date, county officials expect to ask supervisors to sign off on using newly unlocked reserve funds to cover millions of dollars in bonuses for county employees. (ICYMI, our Lisa Halverstadt previously revealed that county labor deals called for bonuses backed by reserve funds if supervisors voted to update the county’s reserve policy.)
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