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In this ailing economy, San Gabriel Valley property values have dropped significantly, as reflected in the county's home assessments. The county property roll is at $1.1 trillion, a nearly 1% decrease compared to 2008. Homeowners will have smaller tax bills but cities are having to reduce services and employees as they lose businesses, sales tax revenue, and property tax revenue. See a chart of Los Angeles County Assessor's Office property values report showing Arcadia and neighboring cities. Arcadia is a city whose 2009 value increased 2.2% compared to last year.

https://arcadiahistory.andornot.com/en/permalink/newspaper31566
Newspaper
Pasadena Star News
Date
July 10, 2009
Pages
"p. A1, A14"
More detail
Newspaper
Pasadena Star News
Date
July 10, 2009
Pages
"p. A1, A14"
Subjects
San Gabriel Valley - economy
Housing market
Property Taxes
Property values
Item ID
31762AN
Collection
Newspaper Index
Less detail

The state's budget crisis could mean that Arcadia Unified School District will suffer a shortfall of an estimated $2.3 million in the 2008-2009 fiscal year. Figures for other local school districts are included.

https://arcadiahistory.andornot.com/en/permalink/newspaper30947
Newspaper
Pasadena Star News
Date
March 2, 2008
Pages
p. News 1
More detail
Newspaper
Pasadena Star News
Date
March 2, 2008
Pages
p. News 1
Subjects
Arcadia Unified School District
California state budget
Item ID
31142AN
Collection
Newspaper Index
Less detail

The City of Arcadia budget for the 2008-2009 fiscal year projects a positive balance of $236,892 but includes several spending cuts and revenue enhancements. The list of spending cuts includes freezing 6 police officer positions, shifting some signal maintenance, delaying city communications upgrades and eliminating a coyote management program. The list of revenue enhancements includes a $2 Internet use fee for library guests, among other things.

https://arcadiahistory.andornot.com/en/permalink/newspaper31100
Newspaper
Pasadena Star News
Date
July 5, 2008
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
July 5, 2008
Pages
p. A1
Subjects
Arcadia city budget (2008-2009)
Item ID
31295AN
Collection
Newspaper Index
Less detail

The Arcadia City Council has approved a $46 million budget for fiscal year 2009-2010. The city made deep budget cuts across the board, including freezing positions and cutting employee travel. The budget includes roughly $2 million in cuts and concessions from all four city employees' unions, and projects about $45.1 million in estimated total revenues, $45.7 million in proposed expenditures, and $270,000 in employee compensation and benefit deferrals.

https://arcadiahistory.andornot.com/en/permalink/newspaper31536
Newspaper
Pasadena Star News
Date
June 18, 2009
Pages
p. A4
More detail
Newspaper
Pasadena Star News
Date
June 18, 2009
Pages
p. A4
Subjects
Arcadia city budget - 2009-2010
Item ID
31732AN
Collection
Newspaper Index
Less detail

Cities throughut the West San Gabriel Valley will be making cuts in response to the state budget that has been approved. Arcadia is delaying sewer projects and street work.

https://arcadiahistory.andornot.com/en/permalink/newspaper25950
Newspaper
Pasadena Star News
Date
July 31, 2003
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
July 31, 2003
Pages
p. A1
Subjects
Budget
Item ID
26150AN
Collection
Newspaper Index
Less detail

By the 2010 census, Asians and Pacific Islanders will make up more than half of the population in Arcadia and 10 other communities in the San Gabriel Valley.

https://arcadiahistory.andornot.com/en/permalink/newspaper27571
Newspaper
Pasadena Star News
Date
February 13, 2004
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
February 13, 2004
Pages
p. A1
Subjects
Population
Asian Americans
Item ID
27769AN
Collection
Newspaper Index
Less detail

Governor Arnold Schwarzenegger has proposed taking 8% of the property tax that cities receive. That would mean a loss of $1,202,358 for Arcadia. A chart shows how much other local cities may lose.

https://arcadiahistory.andornot.com/en/permalink/newspaper31480
Newspaper
Pasadena Star News
Date
May 21, 2009
Pages
p. A1, A8
More detail
Newspaper
Pasadena Star News
Date
May 21, 2009
Pages
p. A1, A8
Subjects
California state budget
Property tax
Recession
Item ID
31674AN
Collection
Newspaper Index
Less detail

City staff projects a $3.5 million deficit in the 2010-2011 fiscal year, due in large part to rising retirement costs. City Manager Bill Kelly told City Council that even with the Caruso mall, expansion at Westfield Shoppingtown and at Rusnak auto dealership, the city still faces a budget shortfall in about 5 years. He suggested a library assessment district as a potential revenue source.

https://arcadiahistory.andornot.com/en/permalink/newspaper29796
Newspaper
Pasadena Star News
Date
November 30, 2005
Pages
p. A4, A6
More detail
Newspaper
Pasadena Star News
Date
November 30, 2005
Pages
p. A4, A6
Subjects
Arcadia City Municipal Budget - projections
Item ID
29981AN
Collection
Newspaper Index
Less detail

Arcadia City Manager Bill Kelly is skeptical about the way the State of California balanced this year's budget. The State promises to pay cities back for sales tax to be used to pay off $10.7 billion in loans. The maneuver, known as the "triple flip" will take half of the cities' sales tax revenue for the next five years, and pay it back out of property taxes now earmarked for schools. Arcadia will lose 25% of its vehicle license fee reimbursement, around $750,000. Arcadia is in good shape this year and next, primarily because of a healthy reserve fund. After 2004-2005, unless some solutions are in place, the city could face some hard times.

https://arcadiahistory.andornot.com/en/permalink/newspaper31791
Newspaper
Arcadia Weekly
Date
August 7, 2003
Pages
p. 1, 11
More detail
Newspaper
Arcadia Weekly
Date
August 7, 2003
Pages
p. 1, 11
Subjects
Arcadia City budget - 2003-2004
California state budget - 2003-2004
Item ID
31988AN
Collection
Newspaper Index
Less detail

Since state lawmakers have reached a budget deal. West San Gabriel Valley cities will receive monies to be used for road repairs and transit improvements. Arcadia will receive $237,931 in 2005-2006. In the past two years, these funds were withheld by the state to cover budget shortfalls.

https://arcadiahistory.andornot.com/en/permalink/newspaper29577
Newspaper
Pasadena Star News
Date
July 7, 2005
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
July 7, 2005
Pages
p. A1
Subjects
California state budget
Proposition 42
Item ID
29761AN
Collection
Newspaper Index
Less detail

Senator Bob Margett told Arcadia City Council that California is facing a $15 billion deficit in the 2003-2004 fiscal year and cities could be targeted for revenue transfers.

https://arcadiahistory.andornot.com/en/permalink/newspaper30679
Newspaper
Arcadia Weekly
Date
November 14, 2002
Pages
p. 1
More detail
Newspaper
Arcadia Weekly
Date
November 14, 2002
Pages
p. 1
Subjects
California state budget
Margett, Bobb
Senators
Item ID
30867AN
Collection
Newspaper Index
Less detail

A package of new and increased city service fees designed to eliminate a potential budget shortfall will take effect on September 1, 2008. The higher fees are expected to bring Arcadia nearly $512,000 in the new fiscal year, by increases in fire services, swim classes, business licenses, plan checks and library services.

https://arcadiahistory.andornot.com/en/permalink/newspaper31182
Newspaper
Pasadena Star News
Date
August 27, 2008
Pages
p. A4
More detail
Newspaper
Pasadena Star News
Date
August 27, 2008
Pages
p. A4
Subjects
Budget
City services - fees
Item ID
31377AN
Collection
Newspaper Index
Less detail

Arcadia police and firefighters have voted to defer a portion of their salaries and health benefits to help close the city's budget shortfall. In total, employee pay and benefit deferments will free up about $300,000. The city is trying to close a $600,000 deficit this fiscal year in its $48 million general fund budget.

https://arcadiahistory.andornot.com/en/permalink/newspaper31509
Newspaper
Pasadena Star News
Date
June 11, 2009
Pages
p. A1, A12
More detail
Newspaper
Pasadena Star News
Date
June 11, 2009
Pages
p. A1, A12
Subjects
Arcadia city budget
Arcadia city employees
Unions
Item ID
31705AN
Collection
Newspaper Index
Less detail

For fiscal 1999-2000, city revenues are projected to be more than $1.5 million higher than previously projected.

https://arcadiahistory.andornot.com/en/permalink/newspaper27423
Newspaper
Arcadia Weekly
Date
February 10, 2000
Pages
p. 1
More detail
Newspaper
Arcadia Weekly
Date
February 10, 2000
Pages
p. 1
Subjects
Budget
Revenues
Item ID
27620AN
Collection
Newspaper Index
Less detail

Arcadia's median home price dropped to $719,000, down 3.2% in June 2009 from June 2008. A chart shows June median home prices in San Gabriel Valley areas.

https://arcadiahistory.andornot.com/en/permalink/newspaper31586
Newspaper
Pasadena Star News
Date
July 28, 2009
Pages
p. A8
More detail
Newspaper
Pasadena Star News
Date
July 28, 2009
Pages
p. A8
Subjects
Housing market
Median home prices
Item ID
31782AN
Collection
Newspaper Index
Less detail

City council unanimously adopted the budget for the new fiscal year. Arcadia is back in the black.

https://arcadiahistory.andornot.com/en/permalink/newspaper30102
Newspaper
Pasadena Star News
Date
June 21, 2006
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
June 21, 2006
Pages
p. A3
Subjects
Budgets
Fiscal year 2006-2007
Item ID
30289AN
Collection
Newspaper Index
Less detail

Los Angeles County's median home price is rising. In July, 2009, it was $339,430, up from $319,860 in June 2009, but well below $395,240 a year ago. Broker Chris Vigil thinks the market has hit rock bottom. Arcadia's median home price in July 2009 was $663,000, up from $626,500 a year ago (July, 2008). A chart shows figures from surrounding cities.

https://arcadiahistory.andornot.com/en/permalink/newspaper31621
Newspaper
Pasadena Star News
Date
August 26, 2009
Pages
p. A1, A4
More detail
Newspaper
Pasadena Star News
Date
August 26, 2009
Pages
p. A1, A4
Subjects
Mome prices
Housing market
Real Estate
Item ID
31818AN
Collection
Newspaper Index
Less detail

A report on fiscal year spending at area school districts shows South Pasadena Unified and La Canada Unified spend the smallest proportion of their general fund budgets on central administrative costs. Arcadia Unified and Temple City Unified spend the largest percentage of their budgets on teacher salaries.

https://arcadiahistory.andornot.com/en/permalink/newspaper29746
Newspaper
Pasadena Star News
Date
October 23, 2005
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
October 23, 2005
Pages
p. A1
Subjects
School districts
Budgets
Schools - San Gabriel Valley
Item ID
29931AN
Collection
Newspaper Index
Less detail

The jobless rate in Los Angeles County jumped to 8.4% in October. Countywide, unemployment was up 33,000 in October to 415,000 people. Among San Gabriel Valley cities, Baldwin Park, El Monte and Montebello have the highest numbers of unemployed. A chart shows unemployment in other cities. Arcadia has 1,300, or 4.6% unemployed.

https://arcadiahistory.andornot.com/en/permalink/newspaper31301
Newspaper
Pasadena Star News
Date
November 22, 2008
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
November 22, 2008
Pages
p. A1
Subjects
Jobless rates
Los Angeles County unemployment
Recession
Item ID
31496AN
Collection
Newspaper Index
Less detail

City Manager Bill Kelly outlined his proposed budget for the 2003-2004 fiscal year which begins July 1. The Arcadia City Council will hold a public hearing and is scheduled to adopt it at its June 17 meeting.

https://arcadiahistory.andornot.com/en/permalink/newspaper25629
Newspaper
Pasadena Star News
Date
June 4, 2003
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
June 4, 2003
Pages
p. A3
Subjects
Arcadia City Council
Budget
Item ID
25829AN
Collection
Newspaper Index
Less detail

20 records – page 1 of 1.