Our new intern Thomas Himes reports today that despite an $8.3 million disparity between the $67.4 million in expected revenue and the $75.7 million in projected expenditures in Glendora’s budget, the city will not be in the red next year.
…..because several state grants were not taken into account.
“A lot of it has to do with grants we received this year,” City Manager Chris Jeffers said. “It’s a timing issue with when we get the money.”
Counting the chickens before they hatch? I bet they’re hoping nothing falls through…