Fine Financial Situation Schwab/Berry and Council

GRAND TERRACE
Total Budget: $ 18 million

Deficit: $600,000.

Eliminated assistant city manager position, eliminated travel and training costs, elimintated city memberships, eliminated the city's medical reimbursement plan, froze stepped pay increases.

Total cuts equaled $600,000

The city did not implement furloughs.

The city's General Fund will borrow about $150,000 from its Redevelopment Agency.