Supervisors have adopted a $2.4 billion preliminary budget for the new fiscal year that starts July 1st that reflects the falling price of oil.

At Tuesday’s first hearing, Assessor Jon Lifquist said last year’s budget was built on a $50 a barrel forecast that was expected to grow but has not. However, County Administrative Officer Ryan Alsop said rising property tax revenues more than make up for the shortfall.

The county is two years into a four year austerity and reorganization plan to balance the budget and streamline services.

Suzanne Grant