City’s finances explained in new cable TV presentation
Residents can get a better understanding of the city’s finances by watching a new television presentation airing on the city’s own channel, FVTV.
In “Fiscal Relationship Between Local and State,” city Finance Director David Cain breaks down the topic in an informative and easy-to-understand presentation. The 40-minute program was produced in conjunction with the Public Cable Television Authority (PCTA).
“We’ve received a lot of questions from the community regarding city revenues, so we’re providing an illustration of one dollar’s worth of revenue and how it is distributed,” said City Manager Bob Hall. “The city does not get the full one dollar, as most people think. Our General Fund only receives approximately 13 cents out of each dollar. In the program, we also show how those dollars fund various city services. Many are surprised when they see these numbers.”
“Fiscal Relationship Between Local and State” can be viewed in Fountain Valley at 8 p.m. Mondays, Wednesdays and Fridays on FVTV via Time Warner Cable Channel 3, Verizon FiOS Channel 21, and AT&T U-Verse Channel 99.