La Habra Heights city budget shows predicted surplus of $420,000

Apr 22, 2013 Full story: Whittier Daily News

However, thanks to the CalTrans' reimbursement of money spent on road projects, city officials now are trying to decide what to do with an estimated $420,000 surplus created by this year's budget.

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Why Not Pay Back Loan

La Habra, CA

#1 Apr 24, 2013
In 2010, the city borrowed $400,000 from reserves to pay for a road project in expectation of getting reimbursed.

Now, the City is reimbursed and instead of just putting the money back in reserves where it came from, councilmembers are clamoring to find ways to spend it on pet projects.

Yes, they are all fiscal conservatives.

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