A major financial decision is coming up for the city of Lodi next week.
The Lodi City Council will decide whether or not to approve the 2013-14 annual budget compiled by city staff at their Wednesday meeting.
The General Fund budget includes $42,198,820, which is about $290,000 over last year’s approved budget. The All Fund budget includes $177,781,720, which is an increase of $1.6 million related to new projects.
Union agreements will expire during this budget year, so the document could change to reflect mid-year adjustments.
The budget is balanced without the use of any reserve money, leaving the economic and catastrophic reserve are fully funded at $7.7 million. A draft version was released to the public on May 16.
In other action, the city council will consider leasing 20 acres of property next to the White Slough Pollution Control Plant during a closed session meeting. The city is also reconsidering its lease with the LOEL Center on Washington Street.
The council will hold a public hearing to consider blocking pedestrian access between Holly and Daisy streets east of Ham Lane.
The meeting will be heldat 7 p.m. Wednesday at Carnegie Forum, 305 W. Pine St., Lodi.
Contact reporter Sara Jane Pohlman at email@example.com.