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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'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

At the Arcadia Chamber of Commerce's annual Power Planning Conference on January 24, City of Arcadia's City Manager, Dominic Lazzaretto, provided optimism to the local business community during this time of economic uncertainties. He said 25% of Arcadia's $48 million in annual revenue comes from local businesses--with nearly $10 million from sales taxes and another $2 million-plus from licenses and permits. The City has proposed a new business assistance program ombudsman to help entrepreneurs with the start-up process, is working with Chamber of Commerce to create a more interactive one-stop business checklist, and has not increased the cost of a business permit.

https://arcadiahistory.andornot.com/en/permalink/newspaper33369
Newspaper
Arcadia Weekly
Date
February 7, 2013
Pages
p. 1, 14
More detail
Newspaper
Arcadia Weekly
Date
February 7, 2013
Pages
p. 1, 14
Subjects
Business and Industry
Economy
Chamber of Commerce--Power Planning Conference
Lazzaretto, Dominic
Small business
Item ID
33565AN
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

The city budget surplus could hit $700,000. Sources of revenue are listed.

https://arcadiahistory.andornot.com/en/permalink/newspaper26497
Newspaper
Arcadia Weekly
Date
February 4, 1999
Pages
p. 1
More detail
Newspaper
Arcadia Weekly
Date
February 4, 1999
Pages
p. 1
Subjects
Budget
Item ID
26698AN
Collection
Newspaper Index
Less detail

City Manager of Arcadia, Dominic Lazzaretto, celebrates his birthday with cake and his presentation of a Brown Bag Lunch Program at the Gilb Museum.

https://arcadiahistory.andornot.com/en/permalink/newspaper33201
Newspaper
Arcadia Weekly
Date
November 1, 2012
Pages
p. 14
More detail
Newspaper
Arcadia Weekly
Date
November 1, 2012
Pages
p. 14
Subjects
Arcadia City Manager
Lazzaretto, Dominic
Item ID
33398AN
Collection
Newspaper Index
Less detail

The Arcadia city budget of $35.8 million for the 2003-2004 fiscal year was unveiled and will be the subject of a public hearing June 14. City Manager Bill Kelly called the spending program "flat line," with only 1.5 new city jobs in the coming year. Kelly said Arcadia is protected from possible cuts to meet state budget uncertainties because of $6 million in reserves, which were earmarked but never spent in a previous budget. The city is safe for at least the next two budget years.

https://arcadiahistory.andornot.com/en/permalink/newspaper31516
Newspaper
Arcadia Weekly
Date
June 5, 2003
Pages
p. 1, 21
More detail
Newspaper
Arcadia Weekly
Date
June 5, 2003
Pages
p. 1, 21
Subjects
Arcadia city budget - fiscal year 2003-2004
Item ID
31712AN
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

City of Arcadia receives over $1.5 million in annual revenue from Santa Anita Park, according to a report from Keyser Marston Associates, which was commissioned for the city's Economic Development Division. Over the next five years, the racetrack is estimated to generate $7.5 million in sales tax, pari-mutuel revenue and property tax. According to the report submitted in the fourth quarter of 2019, Santa Anita Park is responsible for 1,160 jobs annually.

https://arcadiahistory.andornot.com/en/permalink/newspaper35659
Newspaper
Arcadia Weekly
Date
March 5, 2020
Pages
p. 3
More detail
Newspaper
Arcadia Weekly
Date
March 5, 2020
Pages
p. 3
Subjects
City of Arcadia-Economic Development Division
Santa Anita Park-2011-2020
Collection
Newspaper Index
Less detail

In an attempt to produce permanent revenue enhancement, the City Council has agreed to go to ballot with a Fire Suppression District assessment which would ask property owners to tax themselves to achieve a balanced budget.

https://arcadiahistory.andornot.com/en/permalink/newspaper25828
Newspaper
Arcadia Weekly
Date
May 15, 1997
Pages
p. 1
More detail
Newspaper
Arcadia Weekly
Date
May 15, 1997
Pages
p. 1
Subjects
City Council - 1990-1999
Budget
Fire Suppression District
Item ID
26028AN
Collection
Newspaper Index
Less detail

Arcadia City Council approves $55.7 million General Fund budget for fiscal year 2015-2016. Officials anticipate revenue totaling $59.7 million, enabling $4.5 million in funds transfers toward road and park improvements, staff equipment upgrades, a boost to the general liability and workers' compensation fund, establishing a reserve fund for building a new City Hall and nearly $500,000 in new programs and employees.

https://arcadiahistory.andornot.com/en/permalink/newspaper34184
Newspaper
Arcadia Weekly
Date
June 4, 2015
Pages
p. 1, 14
More detail
Newspaper
Arcadia Weekly
Date
June 4, 2015
Pages
p. 1, 14
Subjects
City of Arcadia Budget
Item ID
34378AN
Collection
Newspaper Index
Less detail

Arcadia's new city manager Dominic Lazzaretto is ready for the job. He starts March 26 and replaces Don Penman who retired last November. He comes to Arcadia from a City Manager position in La Palma.

https://arcadiahistory.andornot.com/en/permalink/newspaper32865
Newspaper
Arcadia Weekly
Date
March 8, 2012
Pages
p. 3
More detail
Newspaper
Arcadia Weekly
Date
March 8, 2012
Pages
p. 3
Subjects
Arcadia city managers
Arcadia city employees
Lazzaretto, Dominic--biography
Item ID
33062AN
Collection
Newspaper Index
Less detail

Director of Development Peter Kinahan says Arcadia is continuing to bring new businesses and sales tax revenue to the city.

https://arcadiahistory.andornot.com/en/permalink/newspaper25847
Newspaper
Arcadia Weekly
Date
August 21, 1997
Pages
p. 1
More detail
Newspaper
Arcadia Weekly
Date
August 21, 1997
Pages
p. 1
Subjects
Economic Development
Business and Industry
Taxation
Item ID
26047AN
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

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

The City of Arcadia faces mid-year budget cuts as the state has its own budget problems. Arcadia will have to sustain a $2.9 million cut this year, a loss of funds that comes from vehicle license fees.

https://arcadiahistory.andornot.com/en/permalink/newspaper30831
Newspaper
Arcadia Weekly
Date
January 16, 2003
Pages
p. 1
More detail
Newspaper
Arcadia Weekly
Date
January 16, 2003
Pages
p. 1
Subjects
Budget
Item ID
31019AN
Collection
Newspaper Index
Less detail

Arcadia's Mayor Tom Beck says city is "great" in his State of the City address.

https://arcadiahistory.andornot.com/en/permalink/newspaper34830
Newspaper
Arcadia Weekly
Date
March 9, 2017
Pages
p. 1, 10
More detail
Newspaper
Arcadia Weekly
Date
March 9, 2017
Pages
p. 1, 10
Subjects
Beck, Tom
Item ID
35314AN
Collection
Newspaper Index
Less detail

City of Arcadia will put Fire Suppression District to a vote. Opposing views are given.

https://arcadiahistory.andornot.com/en/permalink/newspaper25833
Newspaper
Arcadia Weekly
Date
June 12, 1997
Pages
p. 1
More detail
Newspaper
Arcadia Weekly
Date
June 12, 1997
Pages
p. 1
Subjects
City Council - 1990-1999
Fire Suppression District
Budget
Item ID
26033AN
Collection
Newspaper Index
Less detail

Bill Kelly discusses the economic future of Arcadia and the revenue that the city receives.

https://arcadiahistory.andornot.com/en/permalink/newspaper27169
Newspaper
Arcadia Weekly
Date
January 13, 2000
Pages
p. 1
More detail
Newspaper
Arcadia Weekly
Date
January 13, 2000
Pages
p. 1
Subjects
Property Taxes
Revenue
Sales Taxes
Item ID
27367AN
Collection
Newspaper Index
Less detail

Ballot measure aims to repeal Arcadia's utility tax. The current tax adds 7% to bills for water, electricity and natural gas and 5% for telecommunications for both residential and commercial customers. If approved, city services will be downgraded significantly. It would eliminate 12.5% of Arcadia's budget.

https://arcadiahistory.andornot.com/en/permalink/newspaper34335
Newspaper
Arcadia Weekly
Date
October 15, 2015
Pages
p. 1, 17
More detail
Newspaper
Arcadia Weekly
Date
October 15, 2015
Pages
p. 1, 17
Subjects
Arcadia City Council-2010-2019
Ballot measures
Kovacic, Gary
Lazzaretto, Dominic
Utility Users Tax
Item ID
34528AN
Collection
Newspaper Index
Less detail

20 records – page 1 of 1.