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.
Curtailment and changes in the Five Year Capital Improvements program as adopted by the City Council last week have drawn disapproval of some Arcadians.
The $13.5 million budget for Arcadia, 1980-81, as available for public study and comment. The article outlines the proposed operating budget, capital projects program and proposed use of federal revenue-sharing funds.
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 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.
On July 1, the city of Arcadia expects to have approximately $1.1 million available for expenditure on capital projects. Article describes the proposed capital improvement projects.
The Arcadia Unified School District Board of Education has adopted a tentative $28 million budget for 1989-90. The year-end balance of $191,326, combined with the 1988-89 balance, will total 4381,714 as a reserve fund. The final budget will not be adopted until September.
A final tentative budget for the 1978-79 school year has been adopted by the Arcadia Board of Education. The final figure was set at $15.4 million, but will probably be revised as state formulas affect the budget during the year.
The Board of Education adopted an $18.6 million publication budget but major changes will occur before the final budget is adopted August 3. This budget does not include $300,000 savings from the closure of two elementary schools. The board is considering dropping driver training from the curriculum.
Arcadia hasn't been quick enough in spending its Community Development Block Grant and as a result the county might take back 18% of the money. In response, the Arcadia City Council voted to shift $100,000 from the Downtown Revitalization Program to the Housing Rehabilitation Program.