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Articles

City budget under watch as numbers slip

By Nao Braverman
Ojai seems to be staying financially afloat, at least for now, despite harsh economic times nationwide.
City Council members approved $167,000 in net surplus from the 2007-2008 fiscal year to go toward maintenance projects that have been waiting on the back burner, at Tuesday night’s council meeting.
Revenue budgeted for this year is $8.84 million in revenues with $8.3 million in expected expenses, for a net surplus of $540,000.

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