He recently referred to himself as “the czar of capital dollars.”
With San Marino’s shiny new Capital Improvements Plan ready to be cemented when the 2018-19 budget is adopted, Michael Throne is ready to put it into action. As the director of the city’s Parks and Public Works Department and also the city engineer, the plan is his baby, so to speak. The program is the city’s first. Continue reading “City Set to Take Long View on Capital Upgrades”
In preparing the city’s budget for the next fiscal year, department heads have been asked to either trim expenses or to maintain expenses and improve efficiency — but the City Council avoided phrasing any reduction or improvement as a specific order.
City Manager Marcella Marlowe said she plans to present a fairly maintained General Fund budget — one that doesn’t substantially add or reduce from the current year — as she continues to iron out the wrinkles of prior bureaucratic mismanagement in City Hall. Parks and Public Works Director Michael Throne outlined a plan to develop his department’s “assembly line” that will allow the city to aggressively address deferred infrastructure maintenance. Continue reading “City Council Budget $28 Million: Now, How to Spend It?”
The City Council has taken the next step to what will likely result in public works projects becoming the routine for the foreseeable future.
Moving forward, the city will maintain a reserve fund balance of about 40% of General Fund revenues, with any exceeding amount to be transferred to either a Capital Projects Fund or a Capital Equipment Fund. The reserve fund balance will be used only for one-time expenditures in response to unanticipated needs or shortfalls in revenue, and if that happens, the city will plan to rebuild the balance back to the 40% benchmark as quickly as practical. Continue reading “City Council Ensures Capital Projects Funding”