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Cerritos council splits on budget items: consolidates travel fund and suspends remaining chamber grant for fiscal year
Summary
At the March 27 meeting the council approved consolidating council travel funds into a single $50,000 pool and voted to withhold the remaining $15,000 of the fiscal-year grant to the Cerritos Chamber of Commerce, directing staff to report back during the budget process.
During a broad budget overview presentation and ensuing debate on March 27, the Cerritos City Council approved two notable budget actions and gave staff direction on near-term budget priorities.
Director of Administrative Services Drew Schneider and Finance Manager Peter Kemp presented a budget process overview and updated revenue projections. Staff reported a general fund revenue reduction of approximately $1.2 million for the current fiscal year, driven largely by a $2.2 million drop in sales tax receipts related to softer auto sales that account for a sizeable portion of the city’s sales tax base. Staff also noted partial offsets, including…
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