Arcadia Finance Director, Charles Reiman, announced a 10.2% increase in the operating budget of the city of Arcadia for 1979-80. This was the first of 2 public hearings on the budget.
The five year Capital Improvements program will be reviewed by the City Council on March 16. The total dollar amount reflects a major reduction over previous years. Specifics are outlined.
Arcadia declares fiscal emergency. Budget cuts may hurt city services. After an analysis of expenditures and revenues, Arcadia City Council adopted Resolution 7242 and declared a fiscal emergency.
Arcadia plans for the future. Arcadia City Manager Dominic Lazzaretto presented the City's Fiscal Year 2018-2019 budget. Fiscal year 2018-2019 budget maintains existing levels of public services, but the City can no longer guarantee that services will remain at current levels over the long term. Due to recent changes in state law and other fiscal constraints, the City's proposed budget has a structural deficit of nearly $13.1 million in expenditures in excess of revenues.
Arcadia City Council approves $55.7 million General Fund budget for fiscal year 2015-2016. Officials anticipate revenue totaling $59.7 million, enabling $4.5 million in funds transfers toward road and park improvements, staff equipment upgrades, a boost to the general liability and workers' compensation fund, establishing a reserve fund for building a new City Hall and nearly $500,000 in new programs and employees.
Arcadia's proposed budget for fiscal year 2018-2019 has structural deficit of nearly $3.1 million. City Manager Dominic Lazzaretto says Arcadia is at a fiscal crossroads. See hard copy in VF Budget.
Arcadia Unified School District has faced the reality of mid-year school budget cuts for the past 3 years. To prepare for a possible fourth year of mid-year cuts, the AUSD school board is exploring the option of a parcel tax, an amount to raise hopefully a few million dollars that would help offset what the State is expected to take away. Arcadia School Board Vice President Joann Steinmeier and colleagues are investigating the need for a parcel tax and what form it might take to get passed at the March election.
Inflation and the energy shortage are causing the city management grave concern about meeting the budget. City Manager Lyman Cozad expects a $120,500 increase in sales tax from Fashion Park for the 1974-75 fiscal year. He also expects an $84,000 rise in property taxes.
Arcadia City Council candidates champion their causes. There are five candidates for two open seats. Their causes are: Gary Kovacic--maintaining a balanced budget with adequate reserves and a sense of community; Mary Dougherty--mansionization and residential guidelines; Sho Tay--traffic safety and opposing a new $12.2 million City Hall; John Wuo--reducing crime; and Henry Nunez--increase city revenues and create a real downtown in Arcadia.
Arcadia City Council tightens regulations on water use. Outdoor irrigation citywide is restricted, by a newly passed ordinance, to 3 days a week-Tuesday, Thursday and Saturday. Watering is prohibited between 9 AM and 6 PM, in addition to "during and 48 hours after measurable rainfall." Arcadia City Council approves purchase of replacement water ahead of time. See hard copy in VF "Water."
Arcadia City Budget elements explained for Chamber government affairs. Administrative Services Director Hue Quach says horse race revenue for capital improvements down millions per year.
A $9 million budget has been proposed for 1975-76. City manager Lyman Cozad feels that no tax increase will be necessary due to the higher valuation of city property.