On June 14 the School Board voted to spend $23,399 from the general fund to finance a program, formerly funded by Federal monies, for the culturally disadvantaged.
1. "Annual financial statement." Arcadia News, September 5, 1933.
2. "Budget approved." Arcadia Journal, August 18, 1931.
3. "Council adopts budget." News clip, 1930.
4. "Budget prepared by." Arcadia News, September 9, 1932.
5. "Arcadia's capital improvement program." 12 page booklet by the City of Arcadia, 1960.
6. "Revenue funds puzzles Arcadia." Los Angeles Times, May 17, 1973.
7. "Five year plan projected." News clip, March 22, 1974.
8. "City assets total $9,480,740." Arcadia Bulletin, October 22, 1951.
9. "City details approach to financial problem." Arcadia Tribune, March 19, 1967.
10. "Arcadia needs $26." Pasadena Star News, August 1, 1978.
11. City of Arcadia Audit Report, 1980-1981.
12. Preliminary review of City funds. Letter from City Manager George Watts endeavoring to clarify City monies, February 26, 1982.
13. City of Arcadia Financial Policies, adopted September 19, 1995.
14. 1993-1994 annual budget "riddle" general fund report. March 1993.
15. Citizen's financial advisory committee releases final report residential panel proposes additional locally controlled revenue. Committee recommends considering increase to the City's local sales tax rate by 3/4 of one cent in order to close $8,000,000 structural budget deficit, in order to maintain city services at current levels. Mountain Views News, December 15, 2018.
Declining enrollment over the past few years has hurt the Arcadia school system financially, since income is based on attendance. The 1984-85 budget totals over $20 million. Last year the school district went $300,000 over budget. Cuts will have to be made to accommodate the finances for the upcoming school year, but they will mainly be made in areas outside the classroom.
The recent Supreme Court ruling which declared California's property tax funding of public education unconstitutional will have its affect of area schools.
Arcadia schools have received $377,665 from the California state lottery and the district expects another, slightly smaller, payment for January-March 1986.
Arcadia voters overwhelmingly supported their schools in the tax base election held November 8. There was a heavy turnout, with over 80% of those eligible going to the polls.
The Arcadia Bond Committee has received nearly $11,000 in donations to help fund its campaign for a $28 million bond measure to upgrade Arcadia public schools.
Article outlines discussion at City Council meeting about the ballot measure to increase the utility tax to raise money for the schools. It was suggested a higher admission tax at Santa Anita Park be used to raise the money.
An application for state funds to make $8.5 million worth of repairs in 6 Arcadia schools is moving ahead. Funds for the repairs, from the Leroy F. Greene State School Building Lease-Purchase Program, a bond measure, have been exhausted. However, another bond issue, coming up in the June 1990 election, is expected to pass and provide money to continue the program.
Arcadia Unified School District officials prepared for a second try at a bond measure to rehabilitate school facilities by taking a group of seniors to Arcadia High School for a meeting and tour.
The Arcadia Unified School District's high school dropout rate was 1.13% for the 1987-88 school year. Erroneous figures previously released by the state Dept. of Education had the figures at 7.05% to 15%.
Article outlines arguments for and against the two ballot measures raising the utility tax in order to restore school programs and prevent school closure.