Atherton's embarrassment of riches
Original post made by John P Johns, CPA, another community, on Jul 24, 2011
The Town is expected to realize a revenue surplus of $800,000 of which about $350k was higher than expected building permit revenues.
Additionally, Atherton's finance director has indicated that it expects all of the Town's departments to stay within budget.
As is the case with the City of Costa Mesa, the Town has a serious credibility problem by contending that it cannot afford building or public works in-house.