We run our city like a business - in the black with an annual budget surplus. We are virtually debt free and maintain adequate reserves to cover emergencies and long range capital improvement projects.
Dana Point has a $24 million dollar annual budget that allows for contract obligations, operating expenses, beautification projects and capital improvement programs without raising taxes or increasing fees. The city is on a two year budget cycle which allows for long range planning and efficient administration. The city has a history of being fiscally conservative. Therefore, there is a budget surplus every year plus adequate reserves to handle the unforeseen. The city has virtually no debt.
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