EUREKA - Finances are looking bright for the city of Eureka. The city council approved its 2016-2017 fiscal year budget of nearly $78 million at its meeting Tuesday night. With the budget multiple agencies and organizations will have funding restored.
Over $1 million in cuts were made in last year’s budget, which closed Humboldt Bay Fire Station 4 for approximately 250 days and eliminated positions at the Police Department. Since then, the city has seen an increase in sales tax and in the transient occupancy tax. Now funding will be restored to Humboldt Bay Fire so they can open Station 4 with a two to four person squad. The Chamber of Commerce, The Convention & Visitors Bureau, and Eureka Main Street will each be restored $10,000 and funding will increase for the Clarke Museum and the Film Commission.
“The previous year people were pretty upset with some of the reductions that were made in public safety but we've come through the worst part of those reductions,” said Greg Sparks, Eureka City Manager. “We've also done a second year budget estimate on this budget and in the next couple of months we'll be doing a five year financial projection for the council. So I think the more we can do to kind of show where our finances are going over the next several years and plan our budgets accordingly, we'll be in a much better position going forward."
City Manager Sparks says the city is on the right track but still has very tight reserves.