In the last of three budget meetings, City Council members opted on Thursday, June 28, to hold off funding four sound walls and the long-discussed bikeway and pedestrian project near the YMCA as they worked to balance the city’s budget for the fiscal year that began July 1.
La Cañada Flintridge’s total general fund revenue for the next year is budgeted at $14,650,375, which will match its expenditures, according to Finance Director Rebekka Hosken. Continue reading “City Council Hesitates to Budget for Sound Walls”
During two sessions of budget discussions in the past week, La Cañada Flintridge City Council members agreed to designate reserve funds in support of the proposed Sagebrush territory transfer, prepared for the possible repeal of the state gas tax, and dedicated $353,425 to support 11 community groups.
The City Council is set to finalize the budget for the coming fiscal year when it reconvenes for its third budget hearing at 8:30 a.m. today, June 28.
Councilman Jonathan Curtis suggested the city earmark $100,000 in reserves to back up La Cañada Unified School District in the latest chapter of a decades-long tug of war over the Sagebrush territory. Continue reading “Council Spells Out City Budget Plans”
Jamie Lewsadder, La Cañada Unified School District’s chief technology officer, said she learned recently that a relative’s school in Porterville was locked down when a LCUSD intern told her. He’d seen it on Twitter before Lewsadder or any of her family members learned of the situation, she said.
“So I really experienced that panic first-hand,” she said during Tuesday’s Governing Board meeting, at which she introduced a first draft of board policy revisions to improve LCUSD’s communication plan.
“We need to create a plan that allows us to have fast and reliable communication,” Lewsadder said. “News travels so fast; we have to be prepared for it.” Continue reading “LCUSD Seeks to Improve Messaging to Community”
La Cañada Flintridge City Council members agreed on Monday to spend $359,375 to support 11 local community groups and spend $914,700 on capital projects such as street improvements and bridge repairs.
In the third and final of its annual budget hearings, the City Council decided to take $354,550 from reserves, $100,000 from its solid waste funds and increase its conservative revenue expectations by adding $125,000 to the budget for items they deem necessary in the coming fiscal year.
The previous week, council members reviewed the city’s financials to learn that it expects to bring in a total of $13.863 million in 2017-18 and to have $13.118 million in expenses, which left a preliminary balance of $745,550 for council consideration items. Continue reading “LCF Wraps Up Budget; Pledges $359,375 to Community”
If the 2017-18 budget proposed Tuesday is approved in July, the city will allocate an additional $40,000 toward assigned sheriff’s patrols and see its financial reserves drop below 100% of operating expenses and revenue totals for the first time in years.
In the first of three or four planned budget meetings this year, council members reviewed the city’s financials: In the upcoming fiscal year, LCF expects to bring in a total of $13.863 million and to have $13.118 million in expenses, leaving a balance of $745,550 for council consideration items. Continue reading “LCF Defines Budget; Reserves to Slip in 2017-18”
La Cañada Unified School District officials took a hard look last week at a tightening financial outlook.
Chief Business and Operations Officer Mark Evans warned that it appears several years of an unprecedented boost in statewide education funding will end in 2017-18. That financial influx was an effort, Evans said, to “close the gap,” or to get districts back to the level of funding they had before the 2008 recession. But those levels did not account for technology modernization expenses. Continue reading “LCUSD Could Feel State Education Financial Squeeze”
The La Cañada Flintridge City Council elected at its annual budget meetings this week to dip into the city’s reserves and withdraw $492,200 to cover all of the capital projects and community contributions it deemed necessary in the coming year.
“That’s what reserves are for,” City Councilman Dave Spence said Tuesday. Continue reading “City Taps Reserves for New Project Tracking System”
As a part of its annual budget review and adoption process, the La Cañada Flintridge City Council learned last week that the city, which continues to keep more than $17 million in reserve, is expecting to see about $17,000 less in sales tax revenue than in the past year. Continue reading “City Council Evaluates Budget, Which Has Healthy Reserves”