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Beverly Hills City Council Approves Annual Municipal Budget

For Immediate Release June 17, 2009

Contact: Cheryl Burnett
(310) 285-2454

Beverly Hills City Council Approves Annual Municipal Budget
Budget Reflects Economic Slowdown, While Preserving Vital City Services

Beverly Hills, CA – Despite volatile and uncertain economic conditions, the Beverly Hills City Council adopted a Fiscal Year 2009/10 annual budget of approximately $399 million that maintains a wide range of high-caliber, core city services. The budget adopted at the June 16th City Council meeting fills an $18.3 million gap in the General Fund, necessary to meet a decrease in City revenues brought about by the global recession. Over 75 percent of the City’s revenue comes from retail, hotel and other business taxes.

The City’s budget reflects the community’s priorities and impacts every resident, business and visitor. The budget affects how public safety, parks, roads, sanitation, parking and services are funded and maintained for the community. Cities are required by state law to have a balanced budget. The budget approved by the Council prepares the City in the event of on-going negative economic conditions and potential impacts of the State’s financial situation.

“The City Council has approved a conservative budget that reflects the economic slowdown and the resulting revenue losses, while upholding critical programs and services which the community values,” said Dr. Scott Miller, the City’s Chief

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Beverly Hills Presents 2009-2010 Budget Outlook
For Immediate Release
April 2, 2009

Contact: Cheryl Burnett
(310) 285-2454

Beverly Hills Presents 2009-2010 Budget Outlook
City Council to Hold Study Sessions to Discuss Municipal Budget

Beverly Hills, CA – The City of Beverly Hills will begin its public review of the fiscal year 2009-2010 budget process this month, with three public study sessions designed to discuss funding options, potential budget cuts and priorities for the City Council.

The City’s budget reflects the community’s priorities and impacts every resident, business and visitor. The budget affects how public safety, parks, roads, sanitation, parking and services are funded and maintained for the community. Cities are required by law to have a balanced budget.

The City’s budget process and funding options will be discussed at the following meetings:
• April 7th - Overview of budget process, fiscal management principles and efficiency measures already implemented
• April 14th - Discussion of economic climate in Beverly Hills, budget projections for the coming year, and departmental presentations on possible budget reduction scenarios
• April 21st - Final presentations and Council discussion of budget funding options

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City of Beverly Hills Installs New Mayor and Vice Mayor
For Immediate Release
March 25, 2009

Contact: Cheryl Burnett
(310) 285-2454

City of Beverly Hills Installs New Mayor and Vice Mayor
Mayor Nancy Krasne and Vice Mayor Jimmy Delshad Take Oath of Office

Beverly Hills, CA – The City of Beverly Hills installed the Honorable Nancy Krasne as the 84th Mayor of the City. The current City Council formally certified the results of the general municipal election conducted on March 3, 2009. The new City Council then took the oath of office with a community installation ceremony to take place on Tuesday, March 31, 2009. The Honorable Jimmy Delshad, a member of the Beverly Hills City Council since 2003, was sworn in as Vice Mayor. Other members of the City Council include the former Mayor Barry Brucker, and newly elected councilmembers Honorable William Warren Brien, M.D. and Honorable John Mirisch. The Honorable Eliot Finkel will be sworn in to his second term as City Treasurer on March 31.

The five members of the City Council are elected to four-year terms and the position of mayor is rotated annually among the Councilmembers. The mayor serves as the presiding officer and acts as Chair at all City Council meetings, is the spokesperson for the City Council and is the City’s ceremonial representative at public events and functions. Originally elected to the City Council in May 2007, Mayor Krasne previously served as Chair and Vice Chair of the Architectural Commission and on the Planning Commission. A 35-year Beverly Hills area resident, Mrs. Krasne served as a board 
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