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Laguna Beach council weighs options to close multi‑year budget gap; charter city and ballot measures discussed
Summary
Finance staff presented a multi‑year general‑fund forecast showing expenditures rising faster than revenues; council asked staff to pursue efficiency options, model charter‑city changes and prepare public outreach on possible revenue measures for later deliberation.
Laguna Beach councilmembers on Jan. 28 confronted a multi‑year fiscal projection showing expenditures outpacing revenues and the city’s discretionary fund shrinking substantially.
Finance Director Michelle Bennigan told the council the general fund grew roughly $34 million (55%) in revenues since FY2015‑16 but expenditures rose about $37 million (59%) in that same period; the city’s discretionary balance fell from about $6.9 million in 2015‑16 to an…
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