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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

"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