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Arcadia's proposed budget for fiscal year 2018-2019 has structural deficit of nearly $3.1 million. City Manager Dominic Lazzaretto says Arcadia is at a fiscal crossroads. See hard copy in VF Budget.

https://arcadiahistory.andornot.com/en/permalink/newspaper35224
Newspaper
Arcadia Weekly
Date
May 24, 2018
Pages
p. 1, 6
More detail
Newspaper
Arcadia Weekly
Date
May 24, 2018
Pages
p. 1, 6
Subjects
City Budget
Lazzaretto, Dominic
Item ID
35413AN
Collection
Newspaper Index
Less detail

"State of the City" address was given by City Manager Dominic Lazzaretto at an event hosted by Arcadia Chamber of Commerce. Due mainly to solid property, utility and sales tax revenue, Arcadia has remained fiscally sound despite a sluggish state and national economy. Overall in 2014, the city received $56.9 million in revenue and spent $54.7 million.

https://arcadiahistory.andornot.com/en/permalink/newspaper34080
Newspaper
Arcadia Weekly
Date
January 29, 2015
Pages
p. 1, 14
More detail
Newspaper
Arcadia Weekly
Date
January 29, 2015
Pages
p. 1, 14
Subjects
Arcadia budget
Economy
Lazzaretto, Dominic
Revenue
Item ID
34274AN
Collection
Newspaper Index
Less detail

Arcadia plans for the future. Arcadia City Manager Dominic Lazzaretto presented the City's Fiscal Year 2018-2019 budget. Fiscal year 2018-2019 budget maintains existing levels of public services, but the City can no longer guarantee that services will remain at current levels over the long term. Due to recent changes in state law and other fiscal constraints, the City's proposed budget has a structural deficit of nearly $13.1 million in expenditures in excess of revenues.

https://arcadiahistory.andornot.com/en/permalink/newspaper35208
Newspaper
Arcadia Weekly
Date
May 26, 2018
Pages
p. 6
More detail
Newspaper
Arcadia Weekly
Date
May 26, 2018
Pages
p. 6
Subjects
City of Arcadia Budget-Fiscal Year 2018-2019
Lazzaretto, Dominic
Item ID
35397AN
Collection
Newspaper Index
Less detail

Arcadia Citizen’s Financial Advisory Committee releases last report. The committee, an independent, ad-hoc advisory body of civic volunteers empaneled by the City Council to review the City’s General Fund long-range financial forecast and provide recommendations to the City Council for cost containment and/or revenue enhancements, recently released its final report. The 40-page report includes 15 recommendations to Arcadia City Council to address the $8,000,000 structural budget deficit. A key recommendation is for the city to consider increasing the city’s local sales tax rate by ¾ of one cent in order to maintain current levels of services.

https://arcadiahistory.andornot.com/en/permalink/newspaper35358
Newspaper
Arcadia Weekly
Date
December 20, 2018
Pages
p. 12
More detail
Newspaper
Arcadia Weekly
Date
December 20, 2018
Pages
p. 12
Subjects
Arcadia Citizen’s Financial Advisory Committee
Arcadia city budget
Arcadia City General Fund
Sales tax
Item ID
35548AN
Collection
Newspaper Index
Less detail