Millbrae City Council Approves Two-Year Budget
In a sign of confidence, the Millbrae city council approved a $133 million budget for the 2016-2017 and 2017-2018 fiscal years, moving from one to two-year budget cycles. The move to a two-year budget highlights the City’s confidence in the economy as population, housing and tourism trends are expected to steadily increase over the next decade.
“During the recession, we pulled back spending and moved to a one-year budget cycle because of uncertainty in our future,” said Anne Oliva, Mayor of the City of Millbrae. “Over these past eight years, the Councils made hard budget choices, and rearranged some of our City’s departments like police and fire. But these hard choices were the right ones to make and put the City in a strong financial position.”
The City is entering the 2016-2017 fiscal year in a particularly strong position as the transition to contracted fire and police services, and the adoption of a redevelopment successor agency, freed up funding. Additional funds came through significant reductions in operations and personnel costs.
“With this new two-year budget, we have the road map to make the strategic investments in necessary infrastructure projects,” said Mayor Oliva. “Improving infrastructure like sidewalks, waste water systems and roads are critical to maintaining our quality of life in the City.”
This year also marks the transition from a two to five-year planning cycle for citywide capital improvement projects. The City has identified more than $90 million to improve aging streets and infrastructure. About $58 million of that is dedicated to repairing and upgrading the City’s water and sewage systems. If approved, funding would be used over a five year period.