The City of Fortuna is facing a $435,669 shortfall this coming fiscal year and will have to make what a news release from the city today calls “significant cuts to the City budget”: “The City Council is resolute about addressing this financial situation at the earliest possible opportunity and is prepared to make tough decisions […]
Fortuna
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Two More School Districts Facing Debt Decisions
Update Friday Dec. 7: Make that at least three school districts getting ready to issue new bonds with so-far-unknown structures. The McKinleyville Press blog reports today that the Northern Humboldt Union School District is scheduled to vote Tuesday night on issuing more bonds. (Voters approved that borrowing in a 2010 election. The two districts mentioned […]
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Skinny Fortuna
The City of Fortuna likes to say, in official missives, that it frowns upon fiscal irresponsibility and teetering budgets at all times, not just dark times. It likes to be Sunny, yes, but also fit. Lean and Friendly. And so, for the City’s 2010-2011 budget, City management is proposing some belt-tightening it attributes as much […]