City of Menifee is Financially Strong Says City Manager
"This city is in a very, very good position." announced Bill Rawlings this afternoon in a luncheon of about 60 local business and ...
http://www.menifee247.com/2011/06/city-of-menifee-is-financially-strong.html
"This city is in a very, very good position." announced Bill Rawlings this afternoon in a luncheon of about 60 local business and community leaders at Menifee Lakes Country Club.
Rawlings, who is the city manager of the City of Menifee, spoke about the city's current financial state in preparation for this evening's city council session that will discuss the proposed city budget for the 2011/12 fiscal year.
The budget, totalling $31.4 million against expected revenues of $33.1 million, puts the city in a unique position of being able to save for the future, the manager explained.
"The city is financially strong. We're one of the most efficient in the region.", noted Rawlings, citing statistics that show Menifee has been able to do more with fewer city staff.
But Rawlings went into details on expanding the staff from 20 employees to 28, including the hiring of a new finance director and economic development director.
"We're going to have a to-do list." he continued. "We need parks, we need paving, we need community services. Everything we look at is based on increasing quality of life in Menifee."
But on the flip side, Rawlings noted that residents of Menifee need more choices for dining and retail. "We're losing $10 to $11 million a year in sales tax dollars due to residents going to other cities for their shopping and entertainment. Our sales tax generation is less than one-half of the next lowest city."
When asked about what kind of population size it would take for Menifee to support the quantity and quality of dining and retail establishments, Rawlings noted, "We're looking at 100,000 people."
Menifee currently sits with 68,000 residents according to the City's website.
This evening, the Menifee City Council is set to hear a presentation on the new budget at 5:30pm at Menifee City Hall.
Rawlings, who is the city manager of the City of Menifee, spoke about the city's current financial state in preparation for this evening's city council session that will discuss the proposed city budget for the 2011/12 fiscal year.
The budget, totalling $31.4 million against expected revenues of $33.1 million, puts the city in a unique position of being able to save for the future, the manager explained.
"The city is financially strong. We're one of the most efficient in the region.", noted Rawlings, citing statistics that show Menifee has been able to do more with fewer city staff.
But Rawlings went into details on expanding the staff from 20 employees to 28, including the hiring of a new finance director and economic development director.
"We're going to have a to-do list." he continued. "We need parks, we need paving, we need community services. Everything we look at is based on increasing quality of life in Menifee."
But on the flip side, Rawlings noted that residents of Menifee need more choices for dining and retail. "We're losing $10 to $11 million a year in sales tax dollars due to residents going to other cities for their shopping and entertainment. Our sales tax generation is less than one-half of the next lowest city."
When asked about what kind of population size it would take for Menifee to support the quantity and quality of dining and retail establishments, Rawlings noted, "We're looking at 100,000 people."
Menifee currently sits with 68,000 residents according to the City's website.
This evening, the Menifee City Council is set to hear a presentation on the new budget at 5:30pm at Menifee City Hall.
Let's get a Costco and that should increase city revenue by at least a million dollars annually. A Costco could be built and open for business within 6 months.
ReplyDeleteI am one of the many resident's that shop at Costco every couple of weeks and since the closest location is in Temecula I go ahead and do some of my other shopping in the same location. Even with the cost of gas as much as it is, I am already in the area so I will spend my day spending money at the mall as well. A perfect location would be in the Countryside Marketplace in the empty fields to the side of Lowe's.
The Walmart will bring in revenue, but it is going to be offset by the additional law enforcement that is going to be required when the crime starts to increase.
Many of the items that are sold at Costco are tax free. I don't think the property tax will bring in a million $$$.
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