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City Council to Give Final Review to Mid-Year Budget Report

The council is slated to do something few cities in California have been able to do this fiscal year- spend more money than originally budgeted.

The Millbrae City Council will receive some good news tonight at its last scheduled council meeting in February.  Staff is recommending the council spend $40,000 above the original budget for staff to address some council projects that had been put on hold.

According to a staff report the city will receive an extra $343,500 in property tax this year as well as a 14 percent bump in Transient Occupancy Tax collections.  In addition the city is receiving one time disbursements for vehicle license fees.

The city receives more than 60 percent of its operating revenue from property tax and transient occupancy tax.  The more volatile sales tax makes up only 12 percent of revenue.

The meeting begins at 7 p.m. in the City Council Chambers at City Hall, 621 Magnolia Avenue.

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Just a short thought to get the word out quickly about anything in your neighborhood.
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Leah May 16, 2013 at 01:50 pm
Thanks for posting, Timothy. I was hoping to find more information on this incident as well...