City Manager Daron Hall and Finance Director Jamie Clarkson presented the City’s five-year financial forecast at Tuesday’s Pittsburg City Commission meeting, highlighting various aspects of the city’s fiscal planning through 2023.
Prior to Tuesday’s presentation, on May 18, city commissioners and staff reviewed the financial forecast document, Clarkson noted. Following the presentation by Clarkson and Hall, the city commission voted to approve the plan, and Pittsburg Public Information Manager Sarah Runyon sent out a media release Wednesday summarizing it.
“A recap of the five-year plan shows a steady increase in sales tax revenues, a healthy balance in reserves, declining debt service, and an increase in assessed valuations,” the release notes.
(Read more: Pittsburg Morning Sun)