Answer:
The Salinas Plan
The Salinas Plan is a Ten-Year Plan designed to provide the City with a path forward on maintaining a long-term balanced budget while preserving City services and addressing the affordable housing crisis. The Salinas Plan may be found here.
The Salinas Plan Story
The Salinas Plan was presented to the City Council by representatives of the National Resource Network on December 4, 2018. The Salinas Plan represented over a year of work analyzing the City's fiscal situation and current housing policies. The Salinas Plan presented the following key findings:
- The City of Salinas is on a fiscally unsustainable path. While the City's revenues are growing at 2.4% per year, expenditures are growing at 2.9% per year.
Explanation: