Published on September 5th, 2013 | by Reporters Desk0
LB City Council Votes on Budget
On Sept. 3, the Long Beach City Council unanimously approved the fiscal year 2014 budget.
Spending more than $25 million on new street and sidewalk improvements, setting aside more than $15 million to build and improve parks, investing $2 million at city athletic fields and investing more than $10 million on new technology, were among some of the city’s new investments.
The budget also set aside more than $8 million to address future financial challenges.
The fiscal year 2014 becomes effective Oct. 1, 2013.
The city council also voted 8-0, Councilwoman Gerrie Schipske absent, to transfer $18.37 million from the Harbor Revenue Fund to the Tidelands Operating Funds.