Solana Beach City Council approves budget for next fiscal year

By Kristina Houck

Solana Beach plans to spend nearly $25.9 million in the next fiscal year.

In a 4-0 vote with Deputy Mayor Thomas M. Campbell absent, the City Council on Wednesday, June 26, adopted the 2013-14 budget, which includes allocations of almost $3.4 million for capital improvement projects.

An estimated $616,000 in upgrades to the city’s sewer pump station and $500,000 for the replacement of small sewer pipelines were among the projects included in the spending plan.

Councilman David A. Zito noted the roughly $1.5 million to replace a stairway to a southern beach near Del Mar Shores, and repair a stairway at Tide Beach Park, is not yet included in the budget. The council discussed both projects during its June 12 meeting and gave direction to staff on a potential funding plan.

The city’s fiscal year begins on July 1. The balanced budget projects $26.1 million in revenues for the city.

General fund revenues, which cover basic services such as public safety, are estimated at nearly $14.3 million for the next fiscal year, a 1.6 percent decrease from the current year’s projection.

Property tax, the city’s largest revenue source, is expected to total $5.8 million, a 1.3 percent increase from mid-year estimates. Sales tax is expected to hit $2.8 million, a decrease of 4 percent.

Related posts:

  1. Del Mar Council approves two-year budget
  2. Solana Beach water district board approves Fiscal Year 2013 budget
  3. Del Mar City Council adopts balanced, but tight, budget
  4. San Diego learns of deeper budget hole
  5. S.D. City council hears mayor’s budget cut plan

Short URL: http://www.delmartimes.net/?p=52893

Posted by Staff on Jun 27, 2013. Filed under Del Mar, News, Solana Beach. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

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