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Montebello council hears first-quarter budget update, approves salary-schedule change
Summary
City officials reviewed first-quarter revenue and expenditure projections tied to development and hotel performance, and approved a salary-schedule action to reflect recent memoranda of understanding.
At a City of Montebello council meeting, officials received a first-quarter fiscal update showing revenue gains tied to local development and hotel operations and approved a salary-schedule adjustment to reflect recently ratified labor agreements.
The update showed elevated revenue in licenses and permits — nearly $1 million higher — driven largely by Metro Heights development and a more favorable plan-check agreement, and by plan-check fees from Montebello Hills. Transfers in to the general fund were also higher, with the transit fund providing a one-time transfer of about $1.07 million. The city is projecting $17 million from the city's 1% sales tax (an increase of about $1.3 million from last year) and continuing receipts from Measure H.
The…
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