Chico's budget surplus plan

City leaders budgeted conservatively their last fiscal year, now revealing a $20 million surplus.

Posted: Dec 26, 2019 8:48 PM
Updated: Dec 27, 2019 9:00 AM

CHICO, Calif. - City leaders budgeted conservatively their last fiscal year, now revealing a $20 million surplus.

Mayor Randall Stone said revenues were expected to be high, but the surplus is above what they had anticipated.

This comes after the fiscal year between July 2018 and June 2019.

Stone said they knew that revenues were expected to be high, especially post Camp Fire.

The revenue stemmed mostly from sales and hotel tax, also known as transient occupancy tax.

Stone said the city council already has some targets in putting money towards enhancing public safety.

And they're already spending some of that money on police and fire.

Stone says the city's capital improvement budget is well above $100 million dollars.

One project being the police and fire department re-organization project that has been proposed and voted to move forward with. 

Stone says there are still longterm needs for this community. 

Some of the money has already been designated and requested to use toward new communication technology with the police department.

"There's still significant longterm fiscal infrastructure needs that we have in this community so it's great news but we also have roads that are significantly torn up," Stone said.

Article Comments

Chico
Few Clouds
50° wxIcon
Hi: 66° Lo: 38°
Feels Like: 50°
Oroville
Clear
54° wxIcon
Hi: 66° Lo: 40°
Feels Like: 54°
Paradise
Few Clouds
50° wxIcon
Hi: 60° Lo: 39°
Feels Like: 50°
Chester
Clear
34° wxIcon
Hi: 50° Lo: 24°
Feels Like: 34°
Red Bluff
Clear
56° wxIcon
Hi: 66° Lo: 37°
Feels Like: 56°
Willows
Few Clouds
50° wxIcon
Hi: 67° Lo: 38°
Feels Like: 50°
Sunny the next few days, more cloudy on Thursday, highs in the 70s on Friday & Saturday then a slight chance for light, low-impact showers, mainly in the mountains, on Sunday.
KHSL Severe
KHSL Radar
KHSL Temperatures

Community Events