Posted on Jul 13, 2018
Bob Lingl, Lompoc Mayor, was the guest speaker at the Rotary Club of Vandenberg Village Friday morning meeting. He talked about the budget, taxes, new financial system, the new city manager, and public safety.
The budget is challenging having to look at the revenue coming and the expenses going out to find a balance. One of the challenges is paying the 70 million dollars California Public Employment Retirement System payments each month. We are meeting this obligation monthly. This amount is expected to increase to 73 or 74 million.
A possible .5 to 1% tax increase could be introduced on the November ballot. This could help with some of the costs. The 70 million dollars amortized over 30 years could be reduced to about 15 years with a small tax increase.
A new financial system is projected to be in place in October 2018. The upgrade from the old system will provide improvements to payroll, personnel, and other data processing.
Bob mentioned that Jim Throop is selected as the next Lompoc city manager. Jim recently served as the chief financial officer for the city of Oxnard. Bob said they were looking for a candidate with subject matter expertise in finance. After narrowing the selection process from six candidates to two brought back for a second interview, Jim had great proven knowledge about finance. He begins his new position July 30, 2018.
Public Safety has 51 officers and is currently down 10. Our city still has one of the lowest crime rates of local cities, Bob stated.
The Rotary Club of Vandenberg Village Mayor Bob for a very informative talk and update about the city of Lompoc, CA.
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