As we all know there will a concurrent Budget Town Hall and Special City Council Meeting on April 10th at 10am.
At this point we are told that the CM and Mayor will give a short presentation and then will take comments and questions from the community.
Here are a list of questions that we think are important.
High risk issues such as
- Expenditures exceeded revenue in nearly every year from fiscal years 2009–10 through 2019–20.
- Exhausted its general fund reserves in fiscal year 2016–17.
- Relies extensively on short-term loans to provide services to its community and avoid insolvency.
- Faces rapidly increasing pension costs., etc.
Analysis of the State Auditor’s Report in The East Bay Times March 19 article
February 1, 2020 Townhall data:
City Manager’s Report 01/23/2020 (pp 1- 8)regarding the financial crisis while announcing the Town Hall Meeting).