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Saddleback Valley Ca Finances

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CALIFORNIA | LOCAL
December 7, 1989 | JAMES M. GOMEZ, TIMES STAFF WRITER
Leaders of a fledgling movement to incorporate a wide area of Saddleback Valley say a preliminary study suggests that the proposed city would be financially secure. Helen Wilson, president of the Community Coalition for Incorporation, said that a study released Tuesday by an Oceanside financial consultant shows that a city consisting of El Toro, Lake Forest and Portola Hills would have a surplus of more than $5 million in the first year if revenue and spending remained at current levels.
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CALIFORNIA | LOCAL
December 7, 1989 | JAMES M. GOMEZ, TIMES STAFF WRITER
Leaders of a fledgling movement to incorporate a wide area of Saddleback Valley say a preliminary study suggests that the proposed city would be financially secure. Helen Wilson, president of the Community Coalition for Incorporation, said that a study released Tuesday by an Oceanside financial consultant shows that a city consisting of El Toro, Lake Forest and Portola Hills would have a surplus of more than $5 million in the first year if revenue and spending remained at current levels.
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