SDCTA opposes Proposition L - Solana Beach Business Tax, 2010

The City Council of Solana Beach began considering revenue enhancement options after reaching a consensus that despite making budget cuts summing to over one million dollars , a sizable operating deficit remained. At the May 27, 2009 city council meeting, the City declared a state of fiscal emergency. At this meeting, it was anticipated that the 2010 fiscal year (FY) would have about $1,430,050 less revenue than the previous fiscal year (or about 10.4% of its General Fund budget). At this time, the City maintained a reserve totaling almost $5 million (approximately 36% of the City's General Fund budget).

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Rosey Williams