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Menlo Park faces $1 million budget deficit

Original post made on May 31, 2008

Menlo Park is facing a projected $1.01 million budget deficit for the fiscal year that starts July 1, but City Manager Glen Rojas says there's no need to panic.
Council members will discuss the budget at their June 3 meeting, which will start at 7 p.m. in the council chambers at the Civic Center, between Laurel and Alma streets.

Read the full story here Web Link posted Thursday, May 29, 2008, 11:21 PM

Comments (5)

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Posted by Steve
a resident of Menlo Park: Stanford Hills
on May 31, 2008 at 7:18 pm

It is interesting to note that Mr. Rojas, who was cited in the last paragraph, enjoys $250k in salary and benefits. Does anyone else know of a juicy position in Menlo Park? If so, put it up here. A deficit is serious business and we should know who is taking what.


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Posted by Joanna
a resident of Menlo Park: Downtown
on Jun 1, 2008 at 7:37 am

There is a human resources nightmare going on over there. Where is this money being flushed to?


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Posted by money talks
a resident of Menlo Park: Belle Haven
on Jun 1, 2008 at 1:12 pm

Wait, are we rerunning 2006? If so, then it's all good. Sometime around October, the city finance director will realize that mistakes have been made and we are actually running a big surplus. So hang in there folks, financial salvation is just around the corner.


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Posted by Bravo
a resident of Menlo Park: Felton Gables
on Jun 4, 2008 at 7:46 am

I could not have said it better than Money Talks did. What is going on over there? Who is running the finances? How come it goes from huge surplus to huge shortfall from year to year, or month to month? Is there no planning or control? Didn't our next tax that gave a huge surplus last year take care of that? Perhaps the city should get a finance person or department who knows what they are doing.


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Posted by C. Note
a resident of Menlo Park: Fair Oaks
on Jun 5, 2008 at 4:50 pm

The finance dept. clearly needs new leadership, and someone at the city should help clarify for the public the structural deficit facing the city vs. the recent surplus (which I believe had to do with staff vacancies that were budgeted).


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