News Details
Fifth District Community Budget Meeting August 14
Expenditure of "One-Time Funds" Expected to Be Hot Topic
Seal of City of Long Beach  

August 6, 2014 – (Long Beach, CA) – Fifth District City Councilwoman Gerrie Schipske is holding a Community Meeting on Wednesday, August 14th, Long Beach Ground Water Treatment Plant, 2950 Redondo (at Spring) at 6pm. Constituents will hear presentations from various city departments, and be able to ask questions about the Mayor’s proposed FY 2014 budget.

“For the first time in many years, the budget reflects a surplus in revenue because of the continued high price of oil and the return of property tax dollars that used to go to the now dissolved Redevelopment fund,” stated Schipske, “We’re deciding how to use the so-called ‘one-time’ monies to address infrastructure needs and Public Safety.”

Schipske recently responded to the proposed budget with a statement advocating use of part of the surplus to address the unemployment rate in Long Beach, which was at 11.6% in March 2013, compared with 8.8% for California and 7.6% nationally. State Legislature recently abolished the “enterprise zone” tax credits that Long Beach has used to recruit companies to create jobs in the city. Schipske has asked for a strategy to pull together entrepreneurs, educators, and City leaders to work together to increase job creation.

Fifth District residents are encouraged to examine the budget documents before attending the meeting. The proposed budget and supporting documents can be found at:

http://www.longbeach.gov/finance/budget/documents/default.asp.

For more information please contact the Office of Councilwoman Gerrie Schipske at 562-570-6932, or district5@longbeach.gov.

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