Sarasota News Leader

02/28/2014

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assistant county administrator. Botelho has been the county's chief financial manage- ment officer. Conceptual strategies are in the works for mitigating the shortfall. "It's out there; we are watching it," he said of the number. "But we have plans and will aggressively be discuss- ing options to lower that amount." The projected deficit can change thanks to a number of variables, ranging from a rise in fuel costs to the potential extension of the Downtown Sarasota Community Redevelopment Agency (CRA). It would increase, for example, if the City and County commissions approve the CRA extension for another period following the agency's sched- uled termination in 2016. Commissioner Joe Barbetta noted, however, that higher property tax values than antici- pated would lower the deficit. "This will change," Botelho said of the shortfall. "We are going to monitor it," Harmer added. "We will continue to update the board on that." NEW PRIORITIES — AND COSTS The effort to rein in the budget will have to be balanced with some new spending priorities. On Friday, commissioners said they want to put the focus on new sports tourism projects, such as more rowing facilities at Blackburn Point Park, in anticipation of the 2017 World Rowing Championships planned for Nathan Benderson Park. Steve Botelho, the county's chief financial management officer and acting assistant county administrator, listens to discussion during a 2013 budget workshop. File photo Sarasota News Leader February 28, 2014 Page 31

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