Weld County Expects $60 Million Budget Loss In 2017
Weld County's budget could fall by $60 million in 2017, according to budget administrator Don Warden. He expects a big hit in taxes collected from the slumping oil and gas industry.
But Warden says the county has taken some spending precautions:
"We've been doing a lot of one-time expenditures and we've been doing that since the oil and gas boom started up knowing that the oil and gas booms turn into busts eventually," he said.
Warden says that strategy should preserve day-to-day county services like dispatchers and social work despite the coming revenue drop.
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