Category Archives: Budget

Not enough to go around

So do you want the good news or the bad news first? That’s what we thought. The good news is that, thanks primarily to the sale of three apartment buildings, the General Fund will receive about $4.7 million more in … Continue reading

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Autopsy report

The infrastructure bond proposal presented to Council last Tuesday earned a distinction unique in the term of the current Council:  it was the first major issue on which Mayor Trish Spencer found herself on the same side as both of … Continue reading

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The latest financial update

Those Alamedans who weren’t able to stay up after 2 a.m. to catch the end of the live feed, or who later quit watching the video after seven hours, missed what may have been the most significant – and troubling … Continue reading

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Spend away!

Three weeks ago, the Merry-Go-Round reported on City Finance Director Elena Adair’s forecast that, if all of the additional spending proposed for the next two fiscal years were to take place, the “available balance” in the General Fund would drop … Continue reading

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There goes the “surplus”!

Wanna see how to make $32 million disappear in just five years? Then you ought to show up Wednesday at Council Chambers for the budget workshop, and City Finance Director Elena Adair will show you how it’s done. Or maybe … Continue reading

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Lock it up

If we recall correctly, it was Al Gore who first introduced the concept of a “lock box” into the political lexicon. The idea was to put certain governmental funds beyond the reach of Congress so that the money could be … Continue reading

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A monument to . . . what?

The Merry-Go-Round hopes that, when the new Emergency Operations Center and Fire Station No. 3 finally open in May, about a year behind schedule, the City will offer free guided tours to Alameda residents. The last we heard, only one … Continue reading

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