Balanced Budget
After nearly three months of deliberations and hours of community meetings, city leaders cheerily approved a spending plan for the next two years that will include a balanced budget for the first time in several years.
“We come to the table today with a balanced budget, which seemed like an impossibility to us four or five years ago,” said Councilman Roger Horton, chair of the city’s finance committee.
The $105 million budget includes more money for police services, youth programs, sustainability efforts and savings for future affordable housing projects -- all of which speak to the moral values of the city, Councilman Das Williams said.
“I think this document says a lot about our priorities,” he said.
The bulk of the budget for the next two years will go toward city salaries: About $32 million for police, $19 million will be spent on the finance department, $15 million on parks and recreation and $11 million on community development.
In the 2008 fiscal year, which begins July 1, the city plans to take in about $105 million from property tax, sales tax, hotel tax and other sources of income.
If projections hold true, the following year looks equally good: In 2009-10, the city would spend $107.6 million and take in $109.3 million. City leaders commended staff and other planners for creating a budget that would prevent having to dip into reserve accounts to pay for even long-range capital projects beyond 2008.
As part of this year’s budget, Santa Barbara leaders restored police bike patrol officers in the Westside and Eastside neighborhoods in hopes of stemming further gang violence after the stabbing death of 15-year-old Luis Angel Linares in March.
The officers will be paid for, in part, through a hike in the cost of parking tickets, which will increase by $6 to $41. The remainder of the revenue generated from that increase will go toward youth programs coordinated by the city's Parks and Recreation Department.
The city also restored drop-in hours for community members and their children at the Franklin Center, Harding and McKinley, and will commit more money toward after school programs for young people.
The city also doled out $1 million in grants through its redevelopment agency, including $500,000 to the Santa Barbara Center for the Performing Arts and $201,588 to the Lobero Theater Foundation.
The city appears to have made it through years of budgetary “doom and gloom,” said Councilwoman Iya Falcone.
It took Santa Barbara several years to recover from the financial hit of the Sept. 11 terrorist attacks because the city relies heavily on revenue from tourists, officials said...

(Roger Horton, Finance Committee Chairman, image courtesy of SB City & SBNR)
For full text of this article, please go to:
SBNR: Moving Past Budget 'Doom'
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