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.
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.
In an attempt to produce permanent revenue enhancement, the City Council has agreed to go to ballot with a Fire Suppression District assessment which would ask property owners to tax themselves to achieve a balanced budget.
Since state lawmakers have reached a budget deal. West San Gabriel Valley cities will receive monies to be used for road repairs and transit improvements. Arcadia will receive $237,931 in 2005-2006. In the past two years, these funds were withheld by the state to cover budget shortfalls.
Immediately after passing a balanced budget of $25.4 million, the Arcadia Board of Education eliminated another $265,854 worth of jobs from the district payroll to help provide pay hikes for district employees.
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.
The city's new graffiti removal program has logged at least 72 cases since Jan. 28 in which residents have asked the city to remove graffiti free of charge. In November, for the first time, the City Council allocated $20,000 for graffiti removal.
Apparent violations of state laws prior to 1978 are costing the Arcadia School District $250,000 at a time when it is already having to squeeze $1 million from its program just to maintain a balanced budget.
A series of spending cuts totaling nearly $190,000 have been approved by the Board of Education in an effort to balance the School district's $28 million 1988-89 budget.
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.
George Watts discusses the state of the city financially, suggesting the city may have problems in two or three years. His suggested solutions include improving efficiency, increasing revenues and cutting services and programs.
The City Council reviewed the general plan which was revised in December 1990, the first revision since the 1970's. This was the first time the City reviewed its progress in meeting the new plan's goals.
City Council approved a $12 million general fund budget. The budget represents an increase of 13 percent over the 1980-81 budget and includes 9 percent pay raises for all employees (except police who have not completed negotiations).
The City of Arcadia faces mid-year budget cuts as the state has its own budget problems. Arcadia will have to sustain a $2.9 million cut this year, a loss of funds that comes from vehicle license fees.