A proposed budget reserves policy and a discussion of alternative revenue sources are on the agenda when the Atherton City Council and the Audit/Finance Committee meet in a joint session beginning at 4 p.m. today (March 5).
The session is the kick-off for the 2014-15 fiscal year budget development process. It will take place in the council chambers at 95 Ashfield Road in the Town Center.
A staff report includes among alternative revenue sources for the town, which now is funded through property taxes and an annual parcel tax, a business license tax, a utility users' tax, and a real property transfer tax, which could be enacted only if voters allow Atherton to become a charter city.
Click here for the agenda and staff reports.