At the last Scotts Valley City Council meeting on Jan. 23, council members discussed at length one of their most important goals for the new year — engaging and informing the community about the city’s dire fiscal outlook, and what needs to done to avoid a “fiscal cliff” that is clearly on the horizon.
At last week’s Scotts Valley City Council meeting the council agreed to participate in an ad hoc “Interagency Advisory Subcommittee” tasked with “developing a collective message” between various local agencies on issues surrounding growth and development in Scotts Valley.
In view of the “fiscal cliff” lying ahead for the City of Scotts Valley, the city council is keeping its promise of looking for every possible way to improve the city’s fiscal situation. At last week’s city council meeting, these efforts included a workshop on city fees, aimed at getting closer to cost recovery for some city services, and a discussion about raising the Transient Occupancy Tax (TOT) or “local hotel room tax” from 10 percent of hotel room charges to 12 percent.
“We’ve chosen our dance partner…. and we’re entering into a courtship that marks the beginning of a long journey together,” was how Scotts Valley Mayor Jim Reed characterized the choice of Palisades Builders, Inc. for the massive Town Center Project at a standing room only meeting of the City Council on March 21.
While finding the current fiscal year budget tracking close to expectations, the Scotts Valley City Council discussed at length how to avoid a “financial cliff” projected in the years to come. At the regular city council meeting on March 7, council members considered a mid-year review of the FY 2017/18 budget, and discussed how the City will handle a projected budget deficit of more than $2 million by FY 2024/25.