BCHD's Budget Forecasts a Structural Deficit
The November 2024 BCHD Finance Committee and Board Meetings will discuss the clear structural deficit that BCHD has created by volunteering to provide allcove services to all of LA County SPA8 (1.4M population) for 30 years without any long term funding. As a result, services to Resident-Taxpayers will be reduced to offset BCHD's allcove liability.
Definition of Structural Deficit
A government budget deficit occurs when a government spends more than it receives in tax revenue, while a structural deficit is when a budget deficit persists for some time. Structural deficits will eventually pose a problem for any government.
Recent Posts
See AllCPRA Request - Specific Correspondence with BCHD containing well defined parameters for search Inbox Stop BCHD <stop.bchd@gmail.com>...
Because only BCHD's Measure was rejected in Redondo Beach, and because the amount of the "ask" was relatively low, it's very clear that...
When the failed BCHD Measure BC $30M bond is compared to the hundreds of millions of dollars in bonds for other agencies, it's clear that...
Comments