Thousand Oaks approves raises for city manager, city attorney vcstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vcstar.com Daily Mail and Mail on Sunday newspapers.
View Comments
Thousand Oaks finance officials have proposed spending plans for the next two fiscal years that they managed to balance despite losing an estimated $15 million in revenue due to COVID-19.
At the pandemic s outset early last year, the city took preventative measures in anticipation of revenue shortfalls, including a soft hiring freeze and postponement of non-critical capital projects, Jaime Boscarino, the city s finance director, wrote in a report for Tuesday night s city council meeting. The preparation of this budget was unlike any other, in that it was developed during a pandemic with much uncertainty, she told the council. Despite that, it s clear that the city remains fiscally strong.