Politics & Government
City Council to Discuss Budget Surplus
Beverly Hills ended 2012 with a $10.2 million budget surplus.
The Beverly Hills City Council on Thursday will consider options for the city's $10.2 million budget surplus.
City staff members will present suggestions that include improving the city's technological capability; replacing vehicles and office equipment; helping the Beverly Hills Unified School District overcome its $3.5 million budget shortfall; covering personnel costs; increasing funding for police; and funding a community demographic survey, storm water treatment, real estate development, and land acquisition.
Conservative budgeting for the last two fiscal years has given the city the opportunity in 2013-14 to boost expenditures where cuts had been made, according to the report.
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The full report with the complete list of budget options the council will consider during its 1:30 p.m. study session at City Hall is attached to the right of this story.
How do you think the city should handle the $10.2 million budget surplus? Post a comment below.