El Dorado County revenue is arriving at slightly higher than expected levels, and spending is lower than budgeted, county officials reported on Monday.
Chief Budget Officer Laura Schwartz delivered news to the county Board of Supervisors during a special workshop detailing the midyear budget status, the county said in a press release.
The report said projected general fund revenue is expected to exceed county expectations by 1 percent, for a combined $223.3 million. General fund spending is projected at $212.5 million, or about 96 percent of budget.
The press release said projections also call for a $9 million reserve for economic uncertainties.
Even so, the county reported that under existing financial assumptions, it faces a potential $5.3 million shortfall in the fiscal year that starts July 1.