News

Menlo Park shaves budget deficit

Facing a projected deficit of $550,000 in the current fiscal year, Menlo Park's City Council at its Feb. 23 meeting compromised on cost-cutting measures that would leave the city only $300,000 in the red.

The city will defer a $100,000 capital improvement project to put solar panels in the city's corporation yard, and a $45,000 project to retrofit the council chambers. A $100,000 project to "improve" a storm drain on Hermosa Way will be paid for by a fund separate from the general operating purse.

The estimated budget deficit came in a mid-year budget forecast. The council had approved a balanced budget at the beginning of the 2009-10 fiscal year.

The unanimous vote was the result of a compromise hashed out by council members John Boyle and Andy Cohen. Mr. Boyle had initially suggested the council defer two other projects as well, while Councilwoman Kelly Fergusson had proposed that the city not cut any projects.

Comments

There are no comments yet. Please share yours below.

Don't miss out on the discussion!
Sign up to be notified of new comments on this topic.

Email:


Post a comment

Posting an item on Town Square is simple and requires no registration. Just complete this form and hit "submit" and your topic will appear online. Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information and opinion. All postings are subject to our TERMS OF USE, and may be deleted if deemed inappropriate by our staff.

We prefer that you use your real name, but you may use any "member" name you wish.

Name: *

Select your neighborhood or school community: * Not sure?

Choose a category: *

Since this is the first comment on this story a new topic will also be started in Town Square! Please choose a category that best describes this story.

Comment: *

Verification code: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box.

*Required Fields

To Cambodia With Love
By Laura Stec | 4 comments | 3,384 views

Life in fast forward
By Jessica T | 3 comments | 1,645 views

Medical
By Chandrama Anderson | 0 comments | 1,583 views

My Morning Off
By Cheryl Bac | 0 comments | 1,110 views

Itís Not About The Officer Or The MomóItís About All Of Us
By Erin Glanville | 9 comments | 833 views