Placentia Uses Spending Cuts and Layoffs to Close Budget Deficit

Placentia City Council members are largely relying on spending cuts and layoffs to pull the North OC city out of a roughly $1.5 million budget deficit.

It marks a different approach compared to a host of other Orange County cities that closed budget gaps by using reserves, reallocating money and issuing hiring freezes.

[Read:: How Rocky Are Orange County’s Municipal Budgets?]…

Story continues

TRENDING NOW

LATEST LOCAL NEWS