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Tonight: Portola Valley council to consider budget for the coming fiscal year

 

The Portola Valley Town Council is set to vote tonight (Wednesday, June 24) on a budget that includes deficit spending of about $477,200 for the 12-month-period that starts July 1. The council meets at 7:30 p.m. at the Historic Schoolhouse at 765 Portola Road.

The deficit is attributable to capital purchases proposed for the coming year, and is "fully funded by operating surpluses from prior fiscal years," Town Manager Nick Pegueros said in his budget message to the council.

Among the spending highlights for the coming fiscal year is $600,000 on capital improvement projects, including about $437,760 on street and trail improvements and $80,000 on software to track permits from Town Hall. Ford Field would be allocated about $47,000 for additional improvements, funding that came to the town in the form of grants and donations.

The town would also spend $35,000 on a plug-in hybrid vehicle to be used by the planning department and for code enforcement operations.

Also on the agenda: consideration of a donation by residents Mike and Joan Green of a 200-pound piece of the Berlin Wall. The town's Cultural Arts Committee calls the object "historically significant" and urges the council to accept it for display somewhere at Town Center, possibly outside the library.

The council will also consider resolutions calling for a Town Council election in the fall. The terms of Mayor Jeff Aalfs and Councilwoman Ann Wengert expire in December.

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