Category: Finance

City Pensions – a Cost of Doing Business

Have you ever wondered what is going on with City staff pensions?  Have you heard your friends and neighbors conversing about city staff pensions and the city’s budget problems?  If you want to learn more about how Petaluma’s pensions work, how the City has managed costs, and what pensions look like moving forward, then come to … Continued

Fiscal & Organizational Sustainability Study Moves Forward

The City unrolled a process to balance city funds with city services at a City Council Workshop held on December 9, 2019.  The first part of the workshop focused on a review of city departments, what services each department provides, and how they are staffed.  The second part of the workshop reviewed the various revenues … Continued

City Receives Top Award for Financial Reporting

The Government Finance Officers Association of the United States and Canada, (GFOA) awarded Petaluma their top award for government accounting and financial reporting.  This impartial panel determined that Petaluma meets the highest standards demonstrating a “spirit of full disclosure” to clearly communicate its financial story and motivate potential users to read the city’s Comprehensive Annual … Continued

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