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No more structured deficits?
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Manteca Police officers took a $4 million hit over the next four years to help put the city on firm financial grounds. - photo by Bulletin file photo
Manteca for the first time in more than a decade is on a course where day-to-day municipal operations will not exceed revenues in any given year.It is the end result of salary negotiations that have been painful for workers but in the end - if projections hold - will avoid further cuts in city jobs and municipal services.Two employee groups are still in the process of negotiating new four-year contracts. City Manager Karen McLaughlin noted salaries and benefits account for about 80 percent of the general fund.The goal of salary negotiations have been to eliminate a $4.2 million deficit that existed on July 1 for the current fiscal year as well as future anticipated or structured deficits for the next three fiscal years.The four-year contract signed by the Manteca Police Officers Association, as an example, reflects savings of more than $4 million.The police - just like other employee groups - will benefit if municipal revenues exceed projections in any of the next four years. When that happens, a certain percentage of each dollar is being set aside for employee compensation.