City Manager Lyman Cozad is assuming that there will be a 25% increase in assessed valuation which should make budgeting easier for 1976-77, but will not result in a lower tax rate.
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's proposed city budget will be about $24.4 million, up 8.9% from the $22.4 million 1985-86 budget, according to a report from City Manager George Watts.
An extensive biography of George Watts, who has been named acting City Manager, succeeding Lyman Cozad who left to become manager of the League of California Cities.
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).
Tax rates are being increased in the city's five lighting districts. Article discusses status of other tax rates and notes an increase of 9.2% in the total assessed valuation of all properties in Arcadia.
Lyle W. Alberg has been chosen City Manager from more than 100 applicants. He has had more than 20 years experience in city government and will assume the post vacated by Lyman Cozad as of January 1, 1978.
The Arcadia City Council approved a $48.7 million budget Tuesday without the significant reductions many other cities are facing due to a downturn in the economy.
Lyman Cozad, City Manager for 11 years, has announced that he will resigning as of October 1, 1977 to take a new position. A summary of progress under his managership is given.
Critics of the lack of communication between the city government and the people want "Agenda Packets" disseminated more widely. City manager Lyman Cozad said that 2 are placed in the Library on the Friday before the Tuesday Council meeting.
The School Board approved an $18.8 million budget that represents a 2% increase over last years figures. The driver training program was not included in the budget.
The Arcadia City Council Tuesday night approved a 1982-83 budget of $16,894,463, slightly higher than that proposed originally by the staff, but lower than the 1981-82 budget. Most of the reductions came in the form of positions abolished and lay-off of staff.