Mayor Gail Marshall reports that the state of the city is excellent. She discussed some of the civic projects in progress, such as the $16 million police station.
Arcadia mayor Roger Chandler outlined six major areas of progress in the last year in his State of the City address. Overall, he said, "The state of Arcadia is great!"
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.
46th Annual Mayor's Community Breakfast to honor women of Arcadia, on February 21, 2020. Mayor April Verlato will give the State of the City Address. Dr. Jasmine Sharma will give keynote address
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.
Gary Thomas, Arcadia resident and President of the 2003 Tournament of Roses, with Arcadia City Council members Gail Marshall (2002-2003 Mayor), Gary Kovacic, Mickey Segal and John Wuo holding artist's rendering of Arcadia's 2003 Rose Parade float entry. The 2003 Rose Court Princesses including Arcadia resident Anjali Agrawal are standing behind holding bouquets of red roses. A banner with the Rose Parade theme "Children's Dreams, Wishes and Imagination" is in the background.
City of Arcadia hosts 45th annual Mayor's Prayer Breakfast. Mayor Sho Tay will deliver the State of the City Address on February 7 at the Arcadia Community Center.
Reserve funds that were set aside for city infrastructure improvements may have to be used to deal with state budget cuts, as proposed by city manager Bill Kelly.