Jun 24, 2013
SOAR applauds the Anaheim City Council, who on Tuesday unanimously approved a balanced budget of $1.55 billion. Their actions reaffirm their commitment to neighborhood improvements, public safety restoration and infrastructure investment.
The budget increase comes after a tremendous economic recovery within the past fiscal year. The Anaheim Resort District provides nearly 50 percent of the city’s revenue and is a primary source of funding for services. In 2011-2012, the hotel bed tax reached a record high of $90 million from out of town guests and is expected to exceed $100 million in the 2012-2013 fiscal year. That’s 10 times greater than any other city in Orange County.
The strength of the resort area has helped Anaheim pass a balanced budget, while increasing revenue to city services and community investments.
This budget is a huge win for Anaheim residents. The approved 2013/2014 City budget includes:
- Hiring 13 new police officers
- Improvements to Fire Department resources
- Adding $20.1 million to the City’s reserves
- Nearly $11.7 million for construction/completion of several community centers and parks
- Investments in Gang Reduction and other youth programs
SOAR applauds the leadership and vision of the Anaheim City Council. They continue to grow jobs, balance the city budget and restore cash reserves. This is great news for Anaheim residents and the Anaheim Resort District.