Salt Lake County concludes budget process with no tax increase

With the final approval of the 2021 Salt Lake County budget drawing near, I wanted to share some of the proactive steps we have taken as your County Council to tighten up spending.
 
In June, because of concerns surrounding revenue impacts from COVID-19, we scoured our budget to find as many cuts as possible – leading to a massive $77 million budget reduction. Because of all the cuts we made in June, and because sales tax revenue did not fall as much as we anticipated, we ultimately had a fairly uneventful budget season.
 
As we strive to be as fiscally prudent as possible, one of our top priorities is maintaining our AAA bond rating. We are one of only 27 counties in the entire nation with this highest-achievable bond rating. Keeping this bond rating results in much lower interest rates on bonds and loans.
 
Here are some key principles I have always prioritized during the budget process, this year included.
 
First and foremost, tax dollars don’t “belong” to the county. The funds are yours. Taxpayers entrust the county, or any government for that matter, with a portion of their hard-earned money because they expect that entity to provide essential services for society to function. There is no amount of tax dollars that is too small to be scrutinized. That is why I push back aggressively anytime I hear someone flippantly say, “It’s only x dollars… so we shouldn’t worry about it.” 
 
Any expenditure, whether it is $10 or $10 million, should be reviewed, and if it can’t be fully justified to the taxpayers, it should be cut.
 
Second, I believe that all government functions should be viewed in two different categories: “need to have” and “nice to have.”
 
The “need to have” list obviously includes things that are statutorily required of the county to perform, think constitutionally mandated services such as criminal justice and election administration. I also consider public safety to be in the “need to have” category, since keeping our residents safe is a core function of government. However, just because they are essential does not mean they are above scrutiny, because efficiencies can still be found.
 
The “nice to have” list includes quality of life services the county provides, as well as any other program or initiative that can easily be described as a benefit to county residents, but not necessarily considered essential. Libraries and open space some of the things in this category.
 
The separation of these two categories demonstrates the same principle that every family in our county goes through in their annual budgets. They strive to live within their means and focus on essential family expenditures sometimes at the expense of luxuries.
 
Lastly, I review each aspect of our budget and ask, “Is this the proper role of county government?” I’ve said many times that government can’t and shouldn’t be all things to all people. There are many programs or services that are better suited to other government entities, nonprofits, or the private sector. Particularly in a tight budget year, it’s important to review each program, service, or expenditure and ask that question again and again.
 
I’m confident that these principles are the essence of good budgeting and fiscal discipline, and I will always advocate for this approach any time government is entrusted with taxpayer dollars. You can rest assured that for 2021, Salt Lake County has a balanced budget with no tax increase.