EAST BAY CITIZEN. EVERYWHERE SINCE 2009

Tuesday, June 7, 2011

San Leandro Approves Balanced Budget With Very Little Leeway

$128 MILLION BUDGET BUOYED BY SALES TAX INCREASE COULD 'TIP OUT OF BALANCE EASILY' SAYS DIRECTOR
By Steven Tavares
steven.tavares@eastbaycitizen.com
Follow @eastbaycitizen on twitter

San Leandro will operate without the use of reserves for the first time since the 2006-07 fiscal budget, said Finance Director Tracy Vesely.

The state of the city's economy is anything but healthy, though. "It's a fairly precariously balanced budget," Vesely said Monday night adding many factors could push the city back into a deficit. "It's just balanced," Vesely said. "There's not a lot of flexibility here." In any instance, she said, "We will see that budget tip out of balance easily."

She says early indications of whether the projected fiscal budget can remain balanced will be shown soon with sales tax receipts ending in April beginning to be added to the city's coffers. "We'll be watching sales tax very closely," she said.

The expectation of greater proceeds from sales tax by way of the voter-approved Measure Z last November is credited by Vesely and City Manager Stephen Hollister as a main factor in the city's ability to balance the budget without reserves greatly depleted by the Great Recession.

The $128 million total operating budget features a general fund, at $78 million, still struggling to reach more robust levels from earlier in the past decade. Over $1.2 million in targeted cuts to various departments were used to even the city's books, but Vesely cautioned the city has done little but maintained last year's budget already loaded with significant reductions in staff and services.

"It is because the city council made a some very difficult decisions in preceding years that we have this budget," she said. Twenty percent of the city work force has been reduced over the past three years along with labor concession made by its employee unions. Many of the cities facing large deficits for 2011-12 such as Fremont are just now facing those same thorny discussions with its employees and residents.

The council also approved, to begin with next year, formulating a biennial budget to add some degree of long-term budget planning. In the past, it had relied on a yearly budget scenario. With increases in labor costs and expiration of current funding for services, the budget could begin to see its deficit growing once more. Funding from the federal COPS program allocated towards five police officers, for instance, expires next year leaving a gap for the general fund to fill.

13 comments :

Take away free handouts to the niggers. that's how you balance a budget.


Manuel

Paul Vargas--is that what you said when you ran for Council--no wonder you got trounced. You should be ashamed. Steve, you need to monitor the posts and remove anyone who uses the N word.

pure communism at it's finest (above poster). I lost because of PC liberals like yourself who are out of touch with the real problems.

Manuel

Manny you are a racist in a very diverse city. How much did you lose by? Quit trying to fix blame for your loss. SL just doesn't like extreme right-wingers. Quit crying!

that is quite an untrue statement. I feel I can be perfectly honest now as I do not intend to run for any type of office anymore. it's not entirely true to say that san leandrans don't like extreme right wingers; what is true is that liberals, communists, homosexuals, and NIGGERS do not like right wingers which happen to be a high percentage of voters in san leandro. Go figure


Manuel

When you ran the population was mostly Caucasian. About 11% were African-American. The huge majority of voters were much more moderate and conservative than they are now. They just didn't like your extreme views which were to the right of Atilla the Hun. Shortly after, Bill Stevens who was a moderate to conservative Republican, was elected twice in SL. As people can tell from your writing you just are too extreme and filled with bitterness. You need professional help! BTW, I'm a moderate, straight, Caucasian who served in the Armed Forces which I'm sure you never did.

By your posts I can tell that your claim of being heterosexual is false you are also below moderate intelegance. You probably score somewhere between chimps and African Americans on the I.Q test. no need to negate my findings, communist homosexuals such as yourself can never be taken seriously in the first place.

Manuel

Manuel/Paul Vargas, from reading the 2 posts we can tell who the intelligent one is. It appears you are the one below moderate intelligence, not intelegance as you so stupidly put it. See above-we're still laughing at your bumbling attempts to call people names.

Whatever you say faggot. Keep evading the truth.

Manuel

Manuel, are you starting to question your sexuality?

just because a guy likes to get hard rod everynow and then doesn't make him a pussy homo like yourself. Get real faggot

Post a Comment