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AgdaPkt 2011-08-22
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AgdaPkt 2011-08-22
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Last modified
1/26/2012 12:02:59 PM
Creation date
8/18/2011 4:39:56 PM
Metadata
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
8/22/2011
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6.1. G. - Page 15 <br /> Tab[e 1 <br /> Net Change in GFB Year #o Year <br /> I City 2{]06 20�7 2Q08 2009 201� � <br /> Hilisborou�� * ' , + � <br /> �_ <br /> San Carlas �. ' � "' r r <br /> Colma -. :- 4 • f - — { ,. na <br /> Millbrae ± "' + y � _ �' <br /> San Mateo County * ` ` ` � �T . <br /> + � � <br /> I 5an Bruno + + * .; �. * <br /> Half Moon Bay * � * '' � + _ <br /> Pacifica y � ' :. I na <br /> Sauth San Francisco �' ":' ;. ' � � <br /> I East Palo Alto � * + * } i <br /> I 8eimont � ? '' ' : <br /> : . : �,° � + <br /> I Redwood City + + * : ' <br /> ,�. f <br /> I Daly City * * * . i � � <br /> San Mateo � * � . . <br /> . . 'F �f � �F . L <br /> . ... _ . _' _ __ . <br /> Foster GtY * t i ' s _ i. I <br /> I Menlo �Park � � ' ( ` ` <br /> . . w . * �, <br /> I Atherton ' � ; � ; I i <br /> Burlingame { ' ; :. + <br /> Partola Valkey * * � - ` _ <br /> � �. � <br /> I Bris6ane '' + + y na <br /> � Woadside �' # : �- � _e i. <br /> � ? I increase to GFB, from preurous year <br /> i I dECrease to G�B, from previous year <br /> na I data not avai�able <br /> I ..; consecuti�e increase to GFB, from previous year <br /> I •. <br /> i ,� consecuti�e decrease to GFB, from previous year <br /> It is noteworthy that while rrver half the cities (11 of 20) have drar�n down thezr General Fur�d <br /> Balance in t�e last two or more reported yeaz three czties (Saz� Carlos, Colrzxa and Hiils3�arough) <br /> have managed to increase it. Fiscal year {FY) 2008-9 was clearly the most cha7lenging, as 15 of <br /> �0 cities and the County drew down their GFB that y�ear ta balance tl�eir budgets. <br /> Whi�e exannining the n�.mber o�' consecutzve years a city oz County zn.cz or decreased 'ats <br /> UGFB is useful, it is necessa� to also evaluate the magnitude of the changes and wheth�r it is <br /> widening or �arrowing as an indicator of its sxg�i�'icance. As �oted, there �vere 11 cities with <br /> declining GFB in the most recent twa or more canseeutive years. Not reflected in the chart is <br /> that the magnitude af the decline was greater in 2009-2010 vs. 20Q8-9 in saven of the�n: <br /> (Belinont, Redwood City, Dal� City, Foster City, MenIo Park, Brisbane, and Woodside). <br /> 10 <br />
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