A unanimous City Council adopted a "conservative" $42.5 million 1990-91 budget after fine-tuning some expenditures to the Chamber of Commerce and the workers' compensation program. The city has $33.8 million in reserves going into the 1990-91 fiscal year, and expects another $42.6 million in revenues.
At the Arcadia City Planning Commission meeting of June 13, City Manager Bill Kelly gave a brief overview of the Santa Anita Entertainment Center Project (SAEC).
On June 20, the Arcadia City Council adopted the City's operating budget and capital improvements budget. For the first time, the city is embracing a two-year budget program.
The City Council approved a $57 million budget for 1993-1994 which closes a $2.1 million deficit with $266,000 in increased revenues, $880,000 in cuts and $1 million of the City's $5.6 million in reserves.
The City Council approved a $57 million budget for 1993-1994 which closes a $2.1 million deficit with $266,000 in increased revenues, $880,000 in cuts and $1 million of the city's $5.6 million in reserves.
The City Council approved a $25.7 million general fund budget after resolving a $418,000 projected shortfall and agreeing to the closure of City Hall on alternate Fridays.
The Arcadia City Council approved a $48.7 million budget Tuesday without the significant reductions many other cities are facing due to a downturn in the economy.
The Arcadia City Council approved a $57.4 million budget for 1993-94 that includes a new fire station, renovation of the library and revitalizing the downtown area.
Los Angeles County Parks and Recreation Proposition A funds will be used to re-do the Civic Center athletic field and light more soccer fields. The City Council also adopted a five-year capital budget.
The new City Council has several options to try to fill the projected $2.2 million general fund budget gap. Options include dipping into city reserves, raising taxes and fees, salary cuts and layoffs.
More than 400 people crammed City Hall and an adjacent outside courtyard Tuesday, as City Council wrestled with ways to slash $2 million from its annual budget.