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Millbrae Financial Position Continues to Improve

Published Wednesday March 15


Photo: Ci Millbrae Ca

The City of Millbrae’s General Fund revenues for the 2015-2016 fiscal year out-performed budget projections by over $2 million; that said the City remains cautiously optimistic about its financial savings due to ongoing long-term infrastructure needs as well as the rebuilding efforts for the Millbrae Community Center.

On Tue March fourteenth the City Council received and accepted the Fiscal Year 2016 Comprehensive Annual Financial Report. After emerging from the recession, the City has been proactively prioritizing long term budgeting and planning to weather any future economic downturns.

Article length: About 480 words.
Tags: Millbrae
Read more at Ci Millbrae.ca

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