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Aug 28th
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Santa Cruz’s 2012 Budget Approved

moneyFRESH DIRT > The Santa Cruz City Council approved a $69.8 million 2012 budget in a unanimous vote at their Tuesday, July 12 meeting. Jack Dilles, the city’s finance director, emphasized that Santa Cruz is “better off than we thought,” as he explained a $580,000 reduction in the projected deficit. The deficit, which was originally $2.6 million, shrank to $2 million due to unexpected state funds and austerity measures taken by the city. By December, the deficit will again drop to $1 million, provided that the city taps $1 million in reserves.

Contributing to the reduction, Dilles cited an unexpected law enforcement fund from the state, which was quite a surprise to the city and the Police Department, since the budget has increased by $88,000 this past year. The budget increase is due in part to police presence at special events or on certain holidays, such as Fourth of July. Furthermore, the budget for cultural tourism has been reduced to $20,000, but is still pending approval. With an estimated three million tourists this summer alone, the City of Santa Cruz relies heavily on tourism dollars to support its economy.

City employees, including police, executives and firefighters, also reduced the deficit by agreeing to a 10 percent compensation reduction. The projected deficit assumes that the city’s labor employees will concede to similar measures.

 

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Mercury Enters Libra

It’s the week of Burning Man, the temporary, intentional, alternative, art-filled community on the playas of Nevada. Mercury, messenger of the Sun, enters Libra this week. Libra is the equalizer, a sign of balance and right human relations. Sometimes with Libra, we can be indecisive and confused while learning how to make balanced and right choices. Sometimes to keep the peace we communicate only what others want to hear. Eventually, we learn how to speak from the heart.

 

Final Cut

Cedar Street Video to close after 10 years at downtown location

 

Banter and Spark

Engaging actors, wry script distinguish lightweight rom-com ‘What If’

 

Back to Silicon Beach

With a new wave of startups, the future of Santa Cruz tech looks more promising than ever
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