City Council Holds Financial Update Study Session Today
The Costa Mesa City Council will meet beginning at 5:00 p.m. today in City Council Chambers for a Financial Update Study Session. Read the agenda HERE.
SPENDING THE SURPLUS?
Read the staff report, HERE, and learn - among other things - that the City had a budget surplus of nearly $11 million. Here's a great sentence from that report: "The City has a great opportunity to use these one-time funds to achieve several goals and fund important projects as guided by the financial and budget policy."
TAKING THE FINANCIAL PULSE
This meeting will be the first public session in which the new City Council will give us a clue as to their financial priorities as we move forward. We know in the past the previous council majority chose infrastructure over public safety - potholes vs. people. This meeting should help us take the pulse of the leadership of this city, to see where they want to take us for the next two years.