Signs of Pandemic Recovery with $13M+ Budget Surplus
San Mateo Daily Journal article reported on San Mateo's budget surplus. The signs of pandemic recovery are strong.
Thanks to prudent fiscal policy and our dedicated city employees who took 2 year salary concessions during the pandemic, the #goodnews is Council approved salary increases and injected funds for capital improvement projects including structural repairs to the Marina Library, design for our downtown B Street pedestrian mall, and high voltage street light conversions.
“Our community members will see and experience the benefits of those investments. I feel really confident that we are putting our money in the right places,” Councilmember Amourence Lee said.