This NCT article from last March has Encinitas city manager Kerry Miller claiming the cities financies are hunky dory.
NCT link #1
Also, big-ticket items on the city's list of projects ---- a new library and 43-acre park are among them ---- can proceed uninterrupted, and over the next 10 years, the city can leave its $6.2 million in reserves untouched, Miller said.
This NCT article from this week says we are lacking over 6 million smackers to build the library.
NCT link #2
In his report to the City Council, Richard Phillips, assistant to the city manager, recommends that the council reject the bids and authorize $150,000 to pay for a "value engineering" study to reconcile designs with cost demands.
Holy freaking moly, you mean it is going to cost 150k to find out why we can't afford to build the library?
Are these people huffing paint thinner in the back alley of the city hall or something?