Tag Archives: General Fund

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

Posted in Budget, City Council, Pensions | Tagged , , , , , , , , , , , | 2 Comments

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

Posted in Budget, City Council, Firefighters, Pensions | Tagged , , , , , , , , , , | 2 Comments

Falling off the balance beam

Now that the budget process is over, the Merry-Go-Round has good news and bad news. The good news is that Council passed a “balanced” budget for Fiscal Year 2015-16 – i.e., one in which revenues (including “one-time” revenues) cover, and, … Continue reading

Posted in Budget, City Council, Firefighters | Tagged , , , , , , , | Leave a comment

A few words about the budget

The Merry-Go-Round is willing to wager that Council will not tarry long before approving the two-year General Fund budget to be presented Tuesday. And why should it? Those on the dais will be told that the budget projects a $1.2 … Continue reading

Posted in Budget, City Council | Tagged , , , , , , | Leave a comment