City Facing Big Drop In Revenue

By Daryl Kelley

For Ojai city government, 2009 could be a year of living dangerously, or at least cautiously. An expected decline in hotel and property taxes threatens to deplete a once-robust budget surplus during the coming year. “It is scary,” said city manager Jere Kersnar this week. “Hotel (taxes) were bad in November and just OK in December. And my worry is that we haven’t hit bottom yet. It feels like we’re waiting for the shoe to drop, but it hasn’t dropped yet.” As city analysts prepare a budget update this month, Kersnar said it should become more clear

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