Politics & Government
Los Altos Budget Study Meeting Tonight
Both revenue and expenditures appear to be stable over next two years; city continues to be in the black.
Residents can get a first look at the Los Altos biennial budget Tuesday night at a special City Council budget study neeting at 5 p.m. in the Council Chambers, 1 N. San Antonio Rd.
The complete draft budget is on the city's website.
A summary shows that city staff expect revenues to grow by 2.4 percent from this year to next year, and expenses to decrease by 2.53 percent.
Find out what's happening in Los Altoswith free, real-time updates from Patch.
The city expects a slight surplus in 2011-12, with revenues of $39 million and expenditures of $38 million, and a roughly balanced budget in 2012-13, with revenues and expenditures coming in at around $39 million each.
According to the budget report, staffing levels will remain the same, with eight vacancies frozen.
Find out what's happening in Los Altoswith free, real-time updates from Patch.
In addition to tonight's special meeting, the council will conduct a public hearing on the budget on June 14, during its regular meeting at 7 p.m. The council expects to adopt the two-year budget on June 28.
