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City's Financial Condition & Measure S

Thank you for visiting our website. Below are some Frequently Asked Questions about Indio’s financial condition and Measure S which will appear on the November 2, 2010 ballot.

 

Over the past several years the declining economy and the state's taking of local revenue has taken its toll on the City’s ability to sustain funding of services to the community. The state has taken over $24 million from the City, and Indio now faces a $3.3 million budget deficit.


Indio has already made budget cuts to address its deficit, including significantly reducing the total number of city employees providing services to the community. Recent cuts include:

 

  •    City Requested Early Retirement Program – 29 employees retired, saving $3.1 million
  • Outright Layoffs – 23 full-time service providers eliminated, saving $2.6 million
  • Positions Maintained as Vacant—10 positions, saving $1.3 million
  • Cost Savings and Efficiencies, line by line review of contracts—saving not less than $400,000 to date, and continuing

 

The City has used much of its cash. The City's reserve will be completely depleted during fiscal year 2011-2012 if it continues to spend at the rate needed to maintain services at their current level.  The City must consider further cuts to City services.

 

Measure S is one response to the City's fiscal status that will be in the hands of its voters on November 2, 2010.  Since the City does not control and can not predict its residents' decision on Measure S, it is impossible for the City to predict the precise nature and impact of future cuts that may prove necessary.  However, future cuts will affect the level of City services.  The City Council will continue in its practice of discussing budget issues at upcoming meetings, and remains committed to keeping residents informed and responding to questions from community members.

 

For more information, please call Chris Escobedo at 760.541.4444.



To view the City’s financial statements and budget please click Finance


To take view the City’s budget update to the community click Budget Update


Last updated: 8/31/2010 8:41:33 AM