Petaluma Budget–More Hits Coming?
The short answer to the question—more than likely.
First–Consider the fact that local tax revenue from tourism is falling. For details, see the recent Press Democrat Story.
Second–County real estate assessed values declined for the first time in history, thus lowering revenue from real estate taxes (Press Democrat Story)
Finally–According to a database provided by the Sacramento Bee, the new California state budget will reduce or borrow the following from Petaluma’s City and redevelopment budgets:
• City of Petaluma $1,112,587
• Petaluma Community Development Commission $5,074,284
For additional information, check out the story and links on CaliforniaCityNews
These revenue shortfalls will play out in many aspects of our civic life–not the least of which is park maintenance.
I recently commented on the state of affairs around the pond in Lucchesi Park and the Community Center. Fortunately, the fountains have once again become operational. However, the pond still seems to be in need of attention. Finding the funds for this purpose will, I imagine, be extremely problematic.