The Town Council will hold a Special Town Council meeting on June 20, 2009 from 9:00 AM-12 NOON at the Women’s Club on Park Road to discuss the proposed 2009/2010 Town Budget and to discuss the renewal of Measure F. This is a very important meeting and the Council encourages all residents to attend. The budget portion of the meeting will entail an overview of the current economic climate and the possible actions of the State regarding the possible theft of eight percent of the Town’s property tax revenues. This equates to about $268,000. Then each department head from the Town staff will present their budget. Public comment will then be invited on the proposed budget.
The second part of the meeting will be a discussion on the renewal of Measure F which expires on June 30, 2010. Measure F represents $465,000 per year to the Town’s $6.7 million general fund budget. There will be a presentation regarding the Town Budget and Measure F and then a discussion on the proposed ballot language for the extension of Measure F. The ballot language will be asking for an extension at the same rate of $125 per dwelling unit and business occupancy per year for another five years. This is an extension of an existing property tax. The Town is not asking for any new or additional tax.
I encourage the public to comment on the decision to renew Measure F.