Tag: finances
Board of Education to review development fees report, vote on AHS sign language class
MARTINEZ, Calif. – Martinez Unified School District Board of Education will review a report Monday on developer fees and their use during Fiscal Year 2017-18. Government code requires an accounting of the capital facilities fund that uses revenue from developer fees, sometimes called impact fees. The District’s Fund 25 is where those fee revenues are […]
Martinez building economic foundation with action plan, council hears
MARTINEZ, Calif. – When Community and Economic Development Director Christina Ratcliffe spoke to Martinez City Council last June about the city’s efforts to improve its economic development efforts, she described the work at the time as riding a bicycle while simultaneously riding it. A citywide organization scan outlined recommendations for building that portion of Ratcliffe’s […]
Martinez marina expenses stable, revenues higher since dredging
MARTINEZ, Calif. – The Martinez Marina has experienced an upswing in its revenues and has stabilized its expenses since the city dredged the area in 2017, Jim Haynes, chief executive officer of Almar Marinas, said Tuesday. In California, Almar Marinas manages the Oakland, Treasure Isle, Marina del Rey, Westport, Peninsula Yacht and Bahia marinas, in […]
Board Of Education to air unions’ salary settlements, costs
MARTINEZ, Calif. – Martinez Unified School District’s Board of Education will conduct public hearings Monday before voting on agreements with its employees’ labor representatives. Those settlements will give most employees 4 percent raises effective last July. The public hearings will disclose the cost to fund those salary settlements with the Martinez Education Association (MEA), the […]
PRMCC to hear about Prop 68 funds
MARTINEZ, Calif. – Martinez might be able to use Proposition 68 money for park improvements, a former Parks, Recreation, Marina and Cultural Commission (PRMCC) member will tell the panel Tuesday. Sherida Bush is a past Commission member who also is a longtime nature advocate, “Bay Nature” writer, founding member of Thousand Friends of Martinez and […]
School board, teachers union disagree over district’s financials
MARTINEZ, Calif. – How Martinez Unified School District receives and spends its money took center stage Monday night, not just during the regular meeting, when the past year’s actuals were presented, but also during a lengthy public comment portion prior to a closed session that let the Board meet with labor negotiators. During the prelude […]
Board of Education eyes finances, school safety
MARTINEZ, Calif. – Martinez Unified School District managed to curb expenses in Fiscal Year 2017-18, but still spent more than it received, according to a report the District’s Board of Education will hear Monday. The unaudited actual report, a year-end summary of the District’s financial status, gives the Board a chance to confirm the books […]
Council uses ‘lease’ financing to pay JFA dissolution settlement
MARTINEZ, Calif. – Following the advice of its bond counsel, the Martinez City Council voted twice Wednesday on a lease agreement that would finance the resulting liability from the dissolution of the Martinez-Pleasant hill Joint Facilities Agency (JFA). By seeking the five-year loan, the city is in a position to save money as it pays […]
Council poised to award contracts tonight for Measure D street sealing
MARTINEZ, Calif. – A Modesto paving firm may get a $2.466,223.41 contract tonight if Martinez City Council accepts its bid for the 2018-19 Measure D street sealing project. City Engineer Tim Tucker has recommended the Council accept the bid from American Pavement Systems, whose bid was higher than the $2.4 million engineering estimate for the […]
Council approves loan to satisfy JFA settlement
MARTINEZ, Calif. – Martinez City Council has agreed to obtain a $4 million line of credit from US Bank to pay Social Security obligations it has incurred as a result of the dissolution of the Pleasant Hill-Martinez Joint Facilities Agency. It is a better approach than making installment payments to the Internal Revenue Service, Finance […]
