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Money Talks Lindsay

City council to hear budget update

eshapiro@portervillerecorder.com

The Lindsay City Council will hear several financial issues this week as Director of Finance Tamara Laken will update the council on budget matters. The first will be a budget update and request for a formal approval of budget amendments through June 30, 2012. The second will be a financial highlight report for the 2010-2012 fiscal year. The latter involves information on housing assistance activity, business assistance loans and revenue and expense summary reports for unadjusted and major funds only. A third financial matter concerns a school resource officer. Back in July of 2012 the council authorized the submittal of an application to the State Community Development Block Grant Program or (CDBG) to use up to $100,000, in program income from the business assistance revolving loan account, for a school resource officer for the Lindsay Unified School District. As of September 12, the application was granted.

However, the council must now hold a hearing to approve the funds which will come from a CDBG PI waiver.

Other business includes;
 a request by Mike Camarena, city services director, for council consideration and prioritizing of street projects.

The Lindsay City Council is scheduled to meet at 6 p.m. Tuesday in the Council Chambers at City Hall, 251 E. Honolulu St., Lindsay.


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