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Correspondence - Item 30
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05/07/2024
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Correspondence - Item 30
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<br />expenditures feel in our community. Or, at a minimum, do a mock budget of what a post sunset budget may look like. I <br />think it will be eye-opening for us all. <br /> <br />We will need to do what we can do now to increase revenue in the future, but we also should really consider se?ng <br />aside funds for the known revenue drop that will be coming. If we don’t take those steps now, then we will either have <br />dras?c service cuts or the future council will be forced to go to the voters to choose to increase taxes on <br />themselves. Either way though, we should be fiscally sound and doing things today that will posi?vely impact the future. <br /> <br />I know that we will hear thoughts on spending money on some great programs while discussing the budget, but I <br />implore you to balance that with the knowledge that we will have a huge drop in revenue in the future. <br /> <br />I look forward to hearing your thoughts on this. <br /> <br />Tim Johnson , CPA <br /> <br />Partner <br /> <br /> <br />(949) 860-9892 <br /> <br /> <br />(714) 743-1065 <br /> <br />tjohnson@jlkrllp.com <br /> <br /> <br />2601 Main Street, Suite 580, Irvine, CA 92614 <br /> <br />See our latest business news and insights by clicking here <br /> <br /> <br /> <br />This message (including any attachments) contains confidential information intended for a specific individual and purpose, and is <br />protected by law. If you are not the intended recipient, you should delete this message. Any disclosure, copying, or distribution of this <br />message, or the taking of any action based on it, is strictly prohibited. JLK Rosenberger is a California Limited Liability Partnership <br />and a member firm of PKF International Limited, a family of legally independent member firms and does not accept any responsibility <br />or liability for the actions or inactions on the part of any other individual member or correspondent firm or firms. <br /> <br /> <br /> <br />2 <br />
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