Municipal Analysis: City of Carlsbad

Between Fiscal Year (FY) 1999 and FY 2008, average annual total General Fund revenues increased nearly 3.5%, while total General Fund expenditures experienced average annual increases of nearly 8% during the same period. Yearly surpluses since 1999 (for the exception of FY 2003 and FY 2008) have allowed the city to increase reserves to its current level of approximately $46 million.

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Rosey Williams