Finance

The closure of the 1993-94 financial records and completion of the annual audit revealed the budget actions taken in the past three years have allowed the City to remain in sound fiscal condition. The Finance Department was recognized for Excellence in Financial Reporting by the National Finance Officers' Association.

The City Council took steps to codify its financial practices by adopting 14 principles of financial management. The region has begun to show signs of economic recovery. For the first six months of fiscal year 1994-95, sales taxes, motor vehicle licensing fees, and hotel occupancy taxes have increased over the levels of previous years. Full recovery will probably not be felt until fiscal year 1995-96.

Commerce and Industry

Manufacturing Companies

• 3M/Unitek
• ALCOA Composite Structures Division
• Aerovironment
• American Meat Equipment
• Amerigon
• Atochem/Decco Division
• Avery Dennison
• Circle Machine Co.
• Coastal Roofing Supply
• Crown City Grinding Co.
• Dynametric
• Electrocube
• GNP Computers
• Harbor Seal Co. Inc.
• Information Concepts
• Kabi Pharmacia
• L. Bates Clothing
• Linear Industries
• McDonnell Douglas
• Mesa Industries
• Metal Rubber Co.
• NDS Systems
• Neff Instrument Co.
• Perma-Cal Corp.
• Production Lapping Co.
• Prolap Inc.
• Purosil
• Reid Plastics
• SAK Industries
• ServTech Plastics
• TFS Sustems
• The Clary Corp.
• Tree Island Steel Co.
• Vision Sciences Inc.
• Western States Wire & Cable Inc.
• Xerox Corp.

Non-Manufacturing Companies

• GTE
• Home Depot
• K-Mart
• Mellon Financial Services
• Sierra Autocars
• Mervyn's
• Michael's Discount Crafts
• Vons Pavilions
• Toys-R-Us
• Freeway Auto Center
• Los Angeles Times
• McGraw-Hill
• Southern California Edison

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© 1996 URLy Sylke All Rights Reserved CREDITS