Local business? Support local news on SaratogaCA.city · plans from $100 a month
Find stories across Saratoga, surrounding cities, and Texas.
4 results for "Budget"
4 results for “Budget”
A draft audit going to Saratoga's Finance Advisory Committee Monday shows the general fund grew to $23.47 million. The same report says a $2.6 million sheriff contract increase drives a forecast of spending outpacing revenue.
City staff recommend Bell Burnett & Atwater for a six-month organizational assessment of four departments, with early cost-saving ideas due in time for next year's budget. The council takes it up Wednesday.
The Nov. 3 measure would raise the reserve ceiling from 10% to 20% of general fund tax revenue and require bigger deposits in boom years. Backers cite the volatile, stock-driven budget; opponents say it invites more spending.
The state budget cuts the asset limit from $130,000, two years after California scrapped it. Advocates call it a penalty on saving; Newsom cited costs after enrollment ran more than twice the estimate.
