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.
City Council recently approved a five-year $34.6 million capital improvement program that will include some refurbishing of City Hall and library facilities, along with a new fire department and preparations for a new police facility.
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.
The union for the Arcadia Police Department and the Arcadia City Council have reached an agreement. The contract gives officers a 24.4% increase in salaries and benefits over the next 4 years. The department is still down by 14 officers.
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.
The consultant firm of Peat Marwick L.L.P. finds that the Fire Department overtime costs are not out of line and that the department is being managed efficiently.
Notice of Public Hearing before the Arcadia City Council on June 20, 1995. Summary by fund for 1995/6 and 1996/7 Proposed Budget is shown in tabular form.
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.
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.