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´╗┐Stagecoach help improve financial outlook for Indio

the city. That's in addition to the $2.7 million the concerts are expected to bring in next year.

"The reserve needs to continue to be a high priority to protect the city in the future," said Cindy McDaniel, vice chairwoman of the Finance Committee.

While a preliminary budget presented to the Citizens' Finance Advisory Commission just a few weeks Reebok Running Shoes Black ago showed a deficit of about $546,000, this time around, the numbers were in the positive, with revenue predicted at about $50.3 Saucony Fastwitch 6

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Finance Director Rob Rockwell said he expects a 2 percent increase in property value over the next year, though Commissioner John Bingham said that estimate might be "a little too optimistic."

INDIO With the Coachella and Stagecoach music festivals set to stay in the city for the next 17 years and with additional unexpected sources of revenue, the city may see a surplus of $100,000 in the next fiscal year, Indio officials said at a finance meeting Monday.

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million and expenditures set for about $50.2 million, after $800,000 in cost reductions.

Much of the city's predicted surplus is due to Reebok G Unit G6

But a significant increase in property tax and transient lodging tax or TOT will also contribute to an almost $1.4 million surplus.

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added revenue in ticket sales for Goldenvoice music festivals; each ticket would bring $5.01 in revenue to Reebok Mens Shoes Black

But the committee wants the city to grow its reserves before anything else.

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