Piedmont Neighborhood News

What's happening in Piedmont, CA

Piedmont Budget Blues, er, Reds

Posted by Len Gilbert on May 14, 2010

You get the blues because we are in the red. In case you missed this tidbit from the May 3rd City Council meeting draft minutes. See the section “Proposed FY 10-11 City Budget“.

As required by the City Charter, the City Administrator presented the City’s proposed FY 10-11 operations and capital improvements budget, noting that for the first time in over 20 years, the proposed budget is not balanced. He stated that the $315,000 deficit is caused by two short-term expenses: a 3-year $1.2 Million commitment to the Piedmont Unified School District and a $2.1 Million payment for the Piedmont Hills Utility Underground Project. He briefly highlighted the difficult decisions facing the Council in approving a final budget for FY 10-11. He announced that the Council will consider the proposed budget at a special work session on Saturday, May 22 as well as at two public hearings on June 7 and 21 — the public is invited to attend these meetings. Copies of the proposed budget are available at City Hall and on the City’s website (at http://www.ci.piedmont.ca.us/finance/budget/10-11/overview.pdf)

More on the budget: http://www.ci.piedmont.ca.us/?p=579

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