Norwalk : Budget Relies on Reserve
The Norwalk City Council has adopted a 1988-89 budget that relies on a $3-million raid of the city’s reserve fund to pay for capital improvements and new equipment.
The $27.8-million combined city budget includes an $18.1-million general fund spending plan that is $3 million greater than the one proposed by the city administrator. The council added about $1.5 million in capital improvements, including a buffer wall for portions of the Santa Ana Freeway, a new municipal maintenance facility and new athletic courts. Money for new city vehicles, landscaping equipment and computers was also added to the budget, which was adopted Tuesday on a 4-0 vote. Councilman Robert E. White was absent.
More to Read
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.