City of Santa Barbara grapples with projected $7-10 million budget deficit
by KEYT
KEYT— SANTA BARBARA, Calif.-The city of Santa Barbara is a renowned tourist destination, but that doesn't make it immune from budget challenges. "We are projecting anywhere from a $7-to-10 million deficit in our general fund which funds our four core city services like police, fire, parks and recreation an library," said finance director Keith DeMartini "it
WRFA-LP 107.9 FM—City Council To Vote on $2.7 Million Bond Renewal To Cover Costs to Complete Fleet Maintenance Building Project. Jamestown City Council will vote on issuing $2.7 million bond to cover the completion of the Fleet Maintenance Building project. City Comptroller Ericka Thomas said $4,890,000 has been spent to date on the project, “The BAN that we got last year for the garage was $2,850,000. So, currently we have expenses over that BAN amount […]
Seven Days—Burlington Budget Deficit Balloons to $13.1 Million. For months, Burlington officials have forecasted a $9 million deficit heading into the next fiscal year. On Thursday, that number grew to $13.1 million. Mayor Emma Mulvaney-Stanak delivered the bad news at a press conference Thursday at city hall, where she was flanked by department heads. Higher-than-anticipated insurance costs and a calculation error are to blame for the $4 million difference, she said. The spending squeeze is the first major challenge for the newly elected mayor and...
KEYT—Loma Alta Drive in Santa Barbara to reopen May 10. The City of Santa Barbara announced Loma Alta Drive will reopen to vehicular traffic on Friday, May 10.