El Cerrito, California, informed the State Auditor that it planned to implement a fiscal recovery plan by summer 2021, including elements from the Auditor’s report. However, the city’s plans failed to effectively reduce ongoing costs. Their corrective action plan lacks a focused strategy for spending cuts, even though their five-year forecast acknowledges the need forContinue reading “California State Auditor’s Assessment Reveals Inadequate Cost-Cutting Measures in Ongoing Expenses”
Tag Archives: Budget
Rising Tide of Pension Costs: El Cerrito’s Escalating Financial Challenge
El Cerrito’s financial struggles are largely due to its escalating pension debt, linked to the California Public Employees’ Retirement System (CalPERS). This debt saw a 67% increase from fiscal year 2014-15 to 2019-20, reaching $65.8 million by June 2020 and soaring to $85 million by June 2023. High pension liabilities mean rising costs over time,Continue reading “Rising Tide of Pension Costs: El Cerrito’s Escalating Financial Challenge”
State Auditor’s RoadMap: The Path to Success
The City of El Cerrito, while initially agreeing with some of the State Auditor’s recommendations, has shown a lack of commitment in implementing these suggestions, particularly in managing its financial struggles. The city’s budgets have consistently shown increased expenditures without justifying the rises, and its budget policy lacks clear procedures for monitoring departmental spending. ThisContinue reading “State Auditor’s RoadMap: The Path to Success”
Revenue Opportunities – Case Study
Lancaster, a town in the Antelope Valley north of Los Angeles, underwent significant changes a decade ago, particularly on Lancaster Boulevard, its main commercial artery. The street was transformed by widening the sidewalks, planting numerous trees, and reducing the road from five lanes to two for vehicles. This renovation attracted a surge in visitors andContinue reading “Revenue Opportunities – Case Study”
El Cerrito’s Stalled Progress: How Council Inaction Harms Community and Staff
This blog has been consistently focused on the critical aspects of governance, accountability, and transparency within El Cerrito’s city administration. The Chief Executive Officer, and City Manager, carries the responsibility for overseeing both the operational and financial performance of El Cerrito. It is essential to note that the City Manager is accountable to the City Council.Continue reading “El Cerrito’s Stalled Progress: How Council Inaction Harms Community and Staff”
The City Council Did Nothing
This blog has been consistently focused on the critical aspects of governance, accountability, and transparency within El Cerrito’s city administration. The Chief Executive Officer, who also holds the position of City Manager, carries the responsibility for overseeing both the operational and financial performance of El Cerrito. It is essential to note that the City ManagerContinue reading “The City Council Did Nothing”