The mayor of Santa Rosa has called for a financial audit of the city’s Parks and Recreation Department in the wake of what he called ‘disquieting’ revelations about the department’s budget.
Petaluma’s mid-year budget review again is one of those mixed-message scenarios. The city’s general fund reserves are projected to be about $1.4 million by the end of June, which is a far rosier projection than just a few years ago when the fund had been drained to a few thousand dollars.
Windsor’s budget is benefiting from an improving economy, with sales and property tax revenues rising steadily. A mid-year review conducted by the Town Council Wednesday shows property tax revenues up 13 percent compared with the same time last year. Sales taxes for the first quarter of this fiscal year were up 10 percent over the same period a year ago.
With barely $60,000 in reserves, Cloverdale needs to get its fiscal house in order, according to newly-named Mayor Joe Palla. In the coming year, he said the top priority should be the city’s budget.
Higher tax revenues from the improving economy combined with cost savings from employee concessions should put Santa Rosa in the black for the third year in a row. The city should end this fiscal year with $17.8 million in reserves, the first time in five years it has hit its goal of having at least 15 percent of its general fund set aside for emergencies.
Rohnert Park councilmembers Tuesday unanimously approved a $22 million budget. The 2012-2013 budget projects a $2.5 million deficit but City Manager Gabe Gonzalez said the city has the cash to cover the shortage.
For the first time in four years, Sonoma County supervisors are set to consider a balanced budget Monday when they begin hearings on a spending plan for the upcoming fiscal year.
Santa Rosa passed a no-growth budget Tuesday that some council members praised as evidence the city’s finances are on the mend and others lambasted as failing to solve the city’s long-term financial woes. A modest increase in sales tax revenue combined with employee concessions helped the city build a $117 million general fund budget that despite being the same size as this year finds room to add $1.2 million to the police department and socks away $1.4 million for a rainy day.
The Sebastopol City Council broached the subject of seeking a new half-cent sales tax Tuesday, at the same time it gave tentative approval to a $5 million budget for the 2012-13 fiscal year. ‘Nobody wants to jump at a tax, but inevitably we will have to look at that,’ said Mayor Guy Wilson.