City Budget May Leave Room for Growth
If there is a problem with the $73-million budget passed Monday by the City Council, it is that the city has been too conservative about the amount of money available to spend this fiscal year.
“We will bring the budget up again in August,” Mayor Joe Erickson said, “because we expect to have a lot more revenue than we think now.”
Erickson said the city did not take into account the money that will flow into its treasury from a pair of new sources of tax revenue: the expansion of the Automobile Club of Southern California and Metro Pointe, a shopping center that opened last month.
The budget may increase by as much as several hundred thousand dollars, Councilwoman Sandra L. Genis said.
This year, the city gave its employees raises, revived a dormant park ranger program and hired one new police officer.
“We are doing really well,” Erickson said. “We are in really good financial shape.”
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
