AMEA update - Anaheim's economic status

Dear AMEA Member,

We are writing to provide a brief update regarding developments impacting the City’s economic status. Last month Congress passed and President Biden signed the $1.9 trillion American Rescue Plan. Part of that plan includes recovery funds for state and local government which will mean approximately $108,000,000 to Anaheim over the next two years. Also, the City Council recently authorized the issuance of lease revenue bonds up to $210,000,000 to help bridge the City’s revenue gap resulting from the pandemic. While the timing of the City’s recovery is still uncertain, we can at least take solace in the fact that a plan is underway to continue to provide core services over the next few years.

Our current contracts with the City remain in force and will not expire until June 23, 2022. Historically, negotiations on successor contracts normally begin early in the year of expiration, which would be early next year.

We’ll continue to update you as we learn more. Thanks for your hard work, thanks for your support, and be assured we will continue to protect your interests and job security 24/7.

In solidarity,

Your AMEA Executive Board

Publication Date: April 9, 2021