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Hayward staff pause community agency funding as budget review continues
Summary
Facing a tense fiscal outlook, city staff told council they have canceled the community agency funding availability for next fiscal year and hired financial consultants to conduct a thorough review; staff will return with proposed cost‑savings and a first-quarter actuals report in November.
City staff told the Hayward City Council on Oct. 21 that the city is accelerating fiscal review steps after an updated budget review and that it has canceled the funding availability notice for the next fiscal year’s community agency grants.
Assistant City Manager Mary Thomas said the city has engaged two financial consultants to assist the finance team with a detailed review of last fiscal year’s numbers and current fiscal position. Staff are preparing a quarterly report (first-quarter actuals) for release to council the week after the meeting and will present a package of proposed cost‑savings measures on Nov. 18. Thomas described the consultant work as focused on cash flow, verifying closing numbers and…
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