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Tag Archives: General Fund
Council’s slush fund
Our topic today is the residual fund balance in excess of policy or fund balance deficits in the General Fund. Sound boring? We thought so. What if we called it, “Alameda City Council’s slush fund”? Ah, now we’ve got your … Continue reading
Posted in Budget, City Hall
Tagged ARPA, General Fund, Malia Vella, Marilyn Ezzy Ashcraft, Reserves, Tony Daysog
16 Comments
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
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
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
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 Hall, Firefighters
Tagged Elena Adair, Frank Matarrese, General Fund, Jim Oddie, Liz Warmerdam, Marilyn Ezzy Ashcraft, Tony Daysog, Trish Spencer
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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 Hall
Tagged Elena Adair, Frank Matarrese, General Fund, John Russo, Kevin Kennedy, Liz Warmerdam, Paul Rolleri
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Alameda Merry-Go-Round 