Oakland County Executive L. Brooks Patterson applauded the Board of Commissioners for passing a balanced, three-year budget for fiscal years 2014-2016 with a unanimous vote today.
“Moody’s and Standard & Poor’s reaffirmed our AAA bond rating last month in the face a Detroit bankruptcy filing because of our strong budgeting practices,” Patterson said. “Today’s vote by the commissioners shows the county continues to live within its means.”
Patterson credited cooperation among the countywide elected officials, judiciary, and commissioners for achieving another balanced multi-year budget.
“Oakland County continues to be successful because its elected officials and employees focus on how to deliver the best services to our residents within budget,” Patterson said.
The budget is also balanced for fiscal 2017 based on the county’s five-year outlook.
To view the budget for fiscals 2014-2016, go to www.oakgov.com/fiscal. Fiscal 2014 began Oct. 1.