Arcadia adopts comprehensive pension management plan, saving $85 million. It addresses the City's $154 million in unfunded pension liabilities. It focuses on:
-use of reserves to prepay existing liabilities
-refinancing existing debt to lower interest rates to free up cash flow
-prepaying costs with surplus funds from voter-approved Measure A sales tax increase
-financing long-term capital improvements
-using pension obligation bonds to lower the overall costs of pensions
-negotiating for more employee cost-sharing.
See also Arcadia Weekly, p. 3, February 27, 2020
Arcadia Announces Limited Reopening of City Facilities by Appointment. The City of Arcadia is reopening City Hall to the public for services by appointment only for essential activities in response to the revised Safer at Home Order issued by Los Angeles County on May 13, 2020. These include building permits, inspections, and planning related services. Tennis courts are now open for modified use. All players must abide by posted rules and those who ignore the guidelines will not be allowed to play.
Arcadia City Clerk June Alford, who has served in the elective office since 1988, will retire at the end of her current term in April. City Council approved the creation of a new job of Chief Deputy City Clark with a salary of $5600/month.
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 City Council approves Water Master Plan update, presented by Pat Malloy, Public Works Services Director. The guide outlines a ten-year improvement program for over $44 million.
Arcadia City Council Members at the unveiling of plaque designating Arcadia Woman's Club Clubhouse the City of Arcadia Historic Landmark No. 1, at 324 S. First Avenue, Arcadia, CA. Left to right: Council Member Sho Tay, Council Member Michael Danielson, Cheryl Alberg, Mayor Tom Beck, Council Member Paul P. Cheng, Council Member April Verlato, and Marilyn Daleo. This is the first City of Arcadia Historical Landmark.
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.
Cheryl Alberg (left) and Mayor Tom Beck (right) in front of plaque designating Arcadia Woman's Club Clubhouse the City of Arcadia Historic Landmark No. 1, at 324 S. First Avenue, Arcadia, CA. First Historic Landmark in the City of Arcadia.
City of Arcadia – Arcadia Redevelopment Agency. Press clippings, 1985-1991 Amended Agency Bylaws approved by the Agency and Council on March 6, 2001 Arcadia Redevelopment Agency Financial Statements June 30, 1997 Arcadia Redevelopment Agency Financial Statements June 30, 1998 Lease Rate Data Inform…
City of Arcadia – Arcadia Redevelopment Agency. Press clippings, 1985-1991
Amended Agency Bylaws approved by the Agency and Council on March 6, 2001
Arcadia Redevelopment Agency Financial Statements June 30, 1997
Arcadia Redevelopment Agency Financial Statements June 30, 1998
Lease Rate Data Information Sheets-July 1995, July 1998, February 1999, December 1999, June 2001, January 2002, September 2002, April 2003, November 2003.
City of Arcadia Assessed Value (Net Taxable) Fiscal Years 1986-1987 through 2000-2001. City of Arcadia Business License Activity and Building Permit Valuation History for FY 1995-1996 through 2000-2001. Redevelopment Agency Highlights 1974-2001). Partial list of Agency Asssisted Projects.
City of Arcadia. Assessment books of the property in the City of Arcadia. Includes legal description, last known owner, value of land, taxes paid. 101 A. Book 1. Assessment no. 1-728. Tax year 1948/49-1954/55. Book 2. Assessment no.729-1721. Tax year 1948/49-1954/55.
101 B. Book 3. Assessment…
1) City of Arcadia. Assessment Roll. Handwritten ledger. 1909/1910-1912/1913.
2) City of Arcadia. Assessment Roll. Handwritten ledger. 1913/14-1915/16.
Items were transferred from Arcadia City Hall on September 17, 2008.
1) City of Arcadia. Assessment Roll. Handwritten ledger. 1909/1910-1912/1913.
2) City of Arcadia. Assessment Roll. Handwritten ledger. 1913/14-1915/16.
Items were transferred from Arcadia City Hall on September 17, 2008.
1) City of Arcadia. Assessment Roll. Handwritten ledger. 1916/1917.
2) City of Arcadia. Assessment Roll. Handwritten ledger. 1917/1918.
Items were transferred from Arcadia City Hall on September 17, 2008.
1) City of Arcadia. Assessment Roll. Handwritten ledger. 1916/1917.
2) City of Arcadia. Assessment Roll. Handwritten ledger. 1917/1918.
Items were transferred from Arcadia City Hall on September 17, 2008.