Coordination of Laguna Beach’s many initiatives and paying for pension costs surfaced as priorities at the City Council’s recent planning retreat. At a time when many of the hot-button projects begun in the last year have yet to be finalized, it comes as no surprise that Council members largely opted to stay the course and […]
Tag: "Gavin Curran"
Laguna Beach’s firefighters will for the first time pay out of their own pocket for a portion of monthly pension contributions, but their share will be tax exempt. Although not required by law, the City Council adopted a section of the Internal Revenue code Tuesday that allows a pre-tax deduction for firefighters now contributing to […]
Due to two shortfalls in anticipated revenue, the city’s operating budget deficit will increase to nearly $1 million, pressing the City Council to decide on how to manage the red ink in a mid-year budget review this fall. The revenue shortfall comes from two different sources. In attempts to balance its own budget, state officials […]
After peaking four years ago and then dropping 4 percent to a low of $44.8 million last year, the city’s general fund budget is showing signs of life, City Manager John Pietig said during a City Council budget workshop Tuesday. Even so, the city is projecting a $718,000 deficit, the city’s third year in the […]