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Alameda Municipal Power revenue may not meet expenses next year. (File Photo) Budget documents for Monday’s Public Utilities Board meeting suggest that Alameda Municipal Power will suffer a loss for the current fiscal year which ends June 30th, and that revenue may not meet expenses in the forthcoming 2015 fiscal year, which begins July [...] Just after 3:00 p.m. yesterday, Alameda City Manager John Russo called Action Alameda News to say that the City of Alameda would be releasing its annual budget spreadsheet in native Microsoft Excel form, a request that City Attorney Janet Kern had previously denied. [...] By Erica Madison “We don’t have a unilateral right to cut salaries. It’s a negotiation,” said Mayor Marie Gilmore at the June 26, 2012 City Council meeting. [...] On Tuesday evening, Alameda City Council passed a budget for the 2012 to 2013 fiscal year, which begins this Sunday, July 1st. [...] Alameda City Council will vote on a budget tonight that will see a seven percent reduction in Administrative Services expenses, a six percent reduction in General Government expenses, a five percent reduction in the police department budget, and two percent reduction in the fire department budget. [...] By Erica Madison “We’re cutting out the bone marrow now. I don’t think we can absorb more cuts, City Councilmember Lena Tam said, at the second special City Council five year budget forecast meeting. [...] By Erica Madison “Think about what you’re doing before you pass out those red pens,” a representative from the Alameda Library told Alameda City Council at last Tuesday’s budget session. [...] By Erica Madison On September 6th, 2011 Alameda City Manager John Russo announced a few upcoming special city council meetings including the long awaited Ruben Grijalva report on the Raymond Zack drowning. [...] Opening last night’s Alameda City Council discussion on the 2011-2012 budget, Assistant City Manager Lisa Goldman told Council, “We are facing $7 million to $9 million deficits for the next 5 years, absent corrective actions…These cuts [in the 2011-12 budget] will not be enough to sustain us indefinitely…Our updated forecast which you’ll see this evening [...] At a City Council meeting tomorrow night at City Hall, Alameda City Council members will vote on a resolution adopting a capital and operating budget for the City of Alameda for the fiscal year (FY) 2011 to 2012, which begins July 1st, 2011. Documents supporting the resolution project annual budget deficits as high as $5.3 [...] |
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