SR 05:167 - Laserfiche WebLink

· Traffic Circulation- Implement improved traffic circulation measures. · Callippe Golf Course and Happy Valley Open Space - Complete the Callippe Golf Course; including a solution to the bypass road. · Economic Development - Pursue economic vitality, including the recruitment and retention of quality business. · Youth Programs - Strengthen youth programs, services and activities. · Public Safety -- Provide a safe environment for the people and property in Pleasanton. · Quality of Life - Provide programs and services that enhance the quality of life for Pleasanton residents. · Environmental Awareness - Pursue environmental awareness, health, land use and preservation issues. · City Services - Provide effective and efficient municipal services. · Public Information - Develop a comprehensive public information program. 2005-2007 BUDGET PLAN SUMMARY This budget maintains core service levels, addresses all new program and project initiatives prioritized by the City Council and implements measures to promote long-term fiscal stability. These goals can be achieved with a spending plan that still operates within our fiscal means. Careful planning and a diversified local economy have allowed us to balance this budget without reductions in service or increases in fees or taxes. Even with our impressive financial standing compared to most jurisdictions, the City's spending patterns for the next few years should be closely monitored to ensure that our operating position remains positive. While revenue growth remains positive as the City's various business sectors continue to pay dividends and property values continue to grow, the economic benefits are being offset by rapidly escalating labor costs, ever-present threat of State revenue diversions and the sluggish economic recovery throughout the Bay Area region. Labor Costs As is the case with all public and private sector employers, the single greatest factor driving expenditure growth in this budget is labor costs. Specifically the costs of retirement, medical benefits and workers' compensation are growing beyond the rate of inflation. The impact of these cost increases is identified in greater detail in the Budget Plan immediately following. State Impacts In addition to employee benefit costs, which are largely beyond the control of the City, other external factors can have a significant negative impact on the City's fiscal health in the years to come. The most significant, and unfortunately recurring, threat to the City's financial security is the State. The State is once again facing a budget crisis, and continues to utilize one-time revenues to balance its budget. This b-2