For months, the lines of San Mateo County They have expressed concern about the potential loss of a key source of revenue, saying the situation could threaten vital safety net services, so with no resolution in sight midway through fiscal year 2023-24, County Executive Mike Callagy recommended the Board of Supervisors hold a special study session on a looming issue that could also impact future spending plans.
"We're short $69 million," Callagy said during the Board of Supervisors' regular meeting scheduled for next Tuesday. "This is something we're working on with our (state) legislators. That's going to be a huge blow to this county, and it's growing every year."
The potential deficit is fueled by possible cuts in what are known as vehicle licensing fees in lieu, or VLF, a form of property tax on motor vehicle ownership.