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Atherton fills revenue shortfall with reserve funds
Atherton, posted by Editor, The Almanac Online, on Apr 1, 2009 at 4:46 pm

The Atherton City Council moved to close a projected $1.5 million revenue shortfall with money from the town's reserve fund, augmented by a combination of budget cuts and parcel tax funds.

Read the full story here Web Link posted Wednesday, April 1, 2009, 12:00 AM

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Posted by jude, a resident of the Atherton: Lindenwood neighborhood, on Apr 1, 2009 at 4:46 pm

Many thanks to the old finance director for bulding up such a healthy reserve

Posted by william, a resident of the Atherton: Lindenwood neighborhood, on Apr 1, 2009 at 6:04 pm

In my judgement the Town never did provide a credible explanation as to the reason for terminating the former finance director after he straightened out the town\'s books and cleaned up the bulding department.

Its all the more strange that the Town is blaming him for its current financial problems.

Some things will always remain a mystery I suppose.

Posted by paula, a resident of another community, on Apr 2, 2009 at 9:21 pm

He'd still be there if he hadn't started snooping around the Police Department.

Posted by Connection, a resident of the Atherton: West Atherton neighborhood, on Apr 8, 2009 at 12:11 am

Was there any connection in the former police chief departing and the finance director firing/scandal/lawsuit?

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