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City says budget is "healthy but lean" as vacancies fall; CIP workshop set for May 4
Summary
Mayor Paul Seo reported the city has about 121 employees, a part-time vacancy rate near 17% and a full-time vacancy rate of about 6% (down from 11% last year); staff said the city remains financially healthy but will have to prioritize projects at a May 4 capital-improvement workshop amid landslide spending.
Rancho Palos Verdes officials said the city is financially healthy but operating with narrow margins and will face difficult choices when setting capital priorities.
Mayor Paul Seo said the city employs about 121 people (full- and part-time) and provided vacancy figures discussed at the April 21 council meeting: approximately 17% vacancies among part-time…
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