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In his "State of the City" address, Arcadia Mayor Mickey Segal says the city is fiscally sound.

https://arcadiahistory.andornot.com/en/permalink/newspaper27573
Newspaper
Pasadena Star News
Date
February 19, 2004
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
February 19, 2004
Pages
p. A3
Subjects
Budget
Mayors - Segal, Mickey
State of the City Address
Item ID
27771AN
Collection
Newspaper Index
Less detail

Many San Gabriel Valley cities are seeing an increase in property tax revenues in the 2009-2010 fiscal year, namely San Marino, Arcadia, Bradbury, Alhambra and South Pasadena. Arcadia's property tax revenue is expected to be $3,359,282.80 compared to $3,294,314.77 in 2008-2009. Other cities' figures are given. In the average city, property taxes make up 11% of the city budget.

https://arcadiahistory.andornot.com/en/permalink/newspaper31851
Newspaper
Pasadena Star News
Date
December 22, 2009
Pages
p. A1, A4
More detail
Newspaper
Pasadena Star News
Date
December 22, 2009
Pages
p. A1, A4
Subjects
Arcadia city budget
Property Taxes
Revenue
Item ID
32048AN
Collection
Newspaper Index
Less detail

Mayor Gary Kovacic gave his last State of the City speech, declaring Arcadia fiscally sound.

https://arcadiahistory.andornot.com/en/permalink/newspaper20450
Newspaper
Pasadena Star News
Date
March 30, 2001
Pages
p. A3 w/photo
More detail
Newspaper
Pasadena Star News
Date
March 30, 2001
Pages
p. A3 w/photo
Subjects
Arcadia (City) - History - 2001-2009
Kovacic, Gary
Item ID
20682AN
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

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 would lose $1.2 million in revenue during the next two years under a California State budget plan proposed by Governnor Arnold Schwarzenegger. Also, a dog park at Eisenhower Park would open.

https://arcadiahistory.andornot.com/en/permalink/newspaper28538
Newspaper
Pasadena Star News
Date
June 2, 2004
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
June 2, 2004
Pages
p. A3
Subjects
Arcadia City Budget - Fiscal Year 2004 -2005
Arcadia City Budget - Fiscal Year 2005 - 2006
City Council Meeting -- Eisenhower Park - dog park
Item ID
28733AN
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

Arcadia seeks to extend the right to collect cell phone usage tax. Officials plan to hold a special election in May or June in 2009 for a ballot measure. If communicated to voters correctly, it should pass, because it would not raise the tax but protect the city's revenues. At stake is about $1 million in yearly revenue. To do that, voters must allow the city to legally redefine what a telecommunications tax is. Recent court rulings have suggested cities cannot tax cell phone use by relying on older telecommunications tax ordinances.

https://arcadiahistory.andornot.com/en/permalink/newspaper31328
Newspaper
Pasadena Star News
Date
December 22, 2008
Pages
p. A1, A4
More detail
Newspaper
Pasadena Star News
Date
December 22, 2008
Pages
p. A1, A4
Subjects
Cellular telephones - cell phones
Taxes
Telecommunications
Item ID
31523AN
Collection
Newspaper Index
Less detail

The city of Arcadia has kept its finances intact despite the budgetary troubles facing California, Mayor Gail Marshall said in her State of the City address delivered during the City Council Meeting on April 1. The article includes information on the Centennial commemorative flower. Nunccio's Nursery in Altadena created pink Arcadia Azaleas to mark the city's birthday.

https://arcadiahistory.andornot.com/en/permalink/newspaper25311
Newspaper
Pasadena Star News
Date
April 2, 2003
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
April 2, 2003
Pages
p. A3
Subjects
Mayors - Marshall, Gail
State of the City Address
Finance
Budget
Centennial Celebrations, 2003
Item ID
25509AN
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

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

Public employees' retirement and pensions are costing cities up to 25% of the city budget. In March, CalPERS announced its stock portfolio had lost 39.8%. Costs for retirees are ballooning and El Monte and West Covina budgets have been hit hard from the recession. Arcadia, which had the fourth highest pension costs of the 24 cities surveyed, spent $6.7 million last year for its 357 current employees and retirees. The city's general fund budget is $46 million.

https://arcadiahistory.andornot.com/en/permalink/newspaper31472
Newspaper
Pasadena Star News
Date
May 18, 2009
Pages
p. A1, A4
More detail
Newspaper
Pasadena Star News
Date
May 18, 2009
Pages
p. A1, A4
Subjects
City budgets
Pensions
Recession
Retirement benefits
Item ID
31665AN
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

Arcadia Mayor Mickey Segal will present his State of the City Address on February 19.

https://arcadiahistory.andornot.com/en/permalink/newspaper33437
Newspaper
Arcadia Weekly
Date
February 14, 2002
Pages
p. 8
More detail
Newspaper
Arcadia Weekly
Date
February 14, 2002
Pages
p. 8
Subjects
Segal, Mickey
Item ID
33633AN
Collection
Newspaper Index
Less detail

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 Arcadia City Council approved a $32.5 million general fund budget for 2003-2004. The total budget is about $142 million.

https://arcadiahistory.andornot.com/en/permalink/newspaper31531
Newspaper
Arcadia Weekly
Date
June 19, 2003
Pages
p. 1, 21
More detail
Newspaper
Arcadia Weekly
Date
June 19, 2003
Pages
p. 1, 21
Subjects
Arcadia City budget - 2003-2004
Item ID
31727AN
Collection
Newspaper Index
Less detail

City of Arcadia faces new budget year with caution, even though there is a surplus. Arcadia is projecting a budget of $29.96 million, down from $30.5 million the year before.

https://arcadiahistory.andornot.com/en/permalink/newspaper33431
Newspaper
Arcadia Weekly
Date
February 7, 2002
Pages
p. 8
More detail
Newspaper
Arcadia Weekly
Date
February 7, 2002
Pages
p. 8
Subjects
City of Arcadia--budget
Item ID
33627AN
Collection
Newspaper Index
Less detail

20 records – page 1 of 1.