Campbell is committing over $100 million to improve community services, including a vital $12 million pool renovation, despite a projected $3.2 million budget deficit for 2025-26. The Planning Commission's unanimous decision reflects the city's strategic alignment with long-term goals while relying on various funding sources, like developer fees and Measure O bonds, to mitigate fiscal uncertainty. City management emphasizes attracting businesses to sustain revenue, implement a temporary hiring freeze, and reduce operating costs to counter the budget shortfall challenges while maintaining essential public services and infrastructure improvements.
"Those funding sources allow us to do all those things that keep Campbell, Campbell: filling potholes, fixing streets, repairing the infrastructure," said City Manager Brian Loventhal.
"Even with a $3.2 million budget deficit for fiscal year 2025-26, Campbell is focusing on enhancing community projects, leveraging diverse funding sources for sustainability."
"The pool project is long overdue and will be funded primarily by park fees collected from developers, showcasing the city's commitment despite fiscal challenges."
"Council will evaluate a $67.6 million budget alongside public project proposals in June, amidst projected sales tax revenue losses and rising employment costs."
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