REVENUE IN BUDGET GROWING.Byline: Patricia Farrell Aidem Daily News Staff Writer Spurred by unprecedented growth, a proposed $90.8 million budget for the coming fiscal year shows a 1 percent increase in revenue, with funding for new parks New Parks is an area in the city of Leicester, England. It is in the west of the city, close by the county border (west of which is Glenfield. South of New Parks is the Western Parks area, and to the east is the Newfound Pool area. , road improvements, trails and public safety. Residential and commercial development are reflected on both the revenue and expenditure sides of the budget. While growth adds to the city's cost of doing business, it also generates more than enough revenue to pay the expenses, City Manager George Caravalho said in his summary this week to the City Council. ``Budgetwise, we're a very healthy city,'' said Ken Striplin, a management analyst for Santa Clarita Santa Clarita, city (1990 pop. 110,642), Los Angeles co., S Calif., suburb 30 mi (48 km) NW of downtown Los Angeles, on the Santa Clara River; inc. 1987. Situated in the Santa Clara valley and nearby canyons, Santa Clarita includes the former towns of Canyon Country, . ``We're fortunate we have money to spend on improvements.'' According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the proposal, the biggest chunk of revenue would go toward capital projects - the continuing development of Central Park and the Santa Clarita Sports Complex and roads projects such as the Via Princessa Wiley Canyon Bridge. Designs for the third phase of the sports complex would be funded in 1999-2000, including blueprints for an expanded skate skate, fish: see ray. skate Any of nine genera (suborder Rajoidea) of rounded to diamond-shaped rays. These bottom-dwellers are found from tropical to near-Arctic waters and from the shallows to depths of more than 9,000 ft (2,700 m). park, a teen center, a motocross motocross Form of motorcycle racing in which cyclists compete on a closed course marked out over natural or simulated rough terrain. Courses vary widely but must be 1.5–5 km (1–3 mi) in length, with steep inclines, hairpin turns, and mud. track and an adventure course, Striplin said. The budget will be the topic at a City Council study session, scheduled for 5:30 p.m. Tuesday in council chambers, 23921 Valencia Blvd. Hearings also are scheduled June 1 and 8, with June 22 the target date to adopt the budget. The plan takes effect July 1. The overall budget reflects 40 sources of funding, including money specified for specific expenses, Caravalho said. The general fund, representing just over half the budget, draws most of its revenue from a share of sales tax sales tax, levy on the sale of goods or services, generally calculated as a percentage of the selling price, and sometimes called a purchase tax. It is usually collected in the form of an extra charge by the retailer, who remits the tax to the government. generated locally. Sales tax is projected to increase by 5 percent - or $800,000 - in the coming fiscal year, which begins July 1. Revenue from development is expected to increase by 12 percent - $700,000 - offset, in part, by added staffing needed to deal with growth. Caravalho cited two sources of concern to the city - the possibility that voters will abolish state motor vehicle fees that cities receive and the increased popularity of Internet shopping, exempt from sales tax. Some highlights of the budget include: Setting $517,550 for additional staffing, equipment, utilities and buildings to maintain existing parks and to build at two new sites, Central Park and the planned Circle J Ranch ranch, large farm devoted chiefly to raising and breeding cattle, horses, sheep, and goats. The cattle ranch was introduced from Latin America to Texas and the plains of the W United States and Canada. community park. Spending $216,000 for security cameras to be installed on the city's bus fleet in hopes of curbing vandalism The intentional and malicious destruction of or damage to the property of another. The intentional destruction of property is popularly referred to as vandalism. It includes behavior such as breaking windows, slashing tires, spray painting a wall with graffiti, and . Allocating $200,000 for computer equipment for registration for parks programs, traffic control, landscape management and building inspection. Earmarking  It has been suggested that some sections of this article be split into a new article entitled Earmark (USA). $115,000 for the Jan Heidt Metrolink Station in Newhall,
much of which is being financed by federal money.
Spending $100,000 for a pilot after-school program on two elementary campuses and one junior high. Allocating $35,000 for a citywide speed limit survey. CAPTION(S): Chart CHART: PROPOSED SANTA CLARITA BUDGET Budget summary of all funds for the calendar year 1999-2000 SOURCE: City of Santa Clarita |
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