It's better late than never for La Cañada Flintridge City Councilman Dave Spence, who on Wednesday delivered a postponed State of the City address to members of the La Cañada Kiwanis Club at Descanso Gardens.
Spence, a 20-year council veteran, served an unprecedented fifth year-long term as La Cañada's mayor before handing over the gavel to Steve Del Guercio on March 19. The annual mayor's address to the Kiwanis had been delayed by scheduling conflicts.
Spence spoke to an audience of 64, among the highest recent turnouts for a regular Kiwanis meeting, club President Mary Gant said.
Spence focused his remarks on the city's fiscal stability, expanded commercial development along Foothill Boulevard and recent public works projects including the Jessen Drive Bridge and renovation of the Lanterman Auditorium.
La Cañada has $14.7 million in fiscal reserves to back up a $10.7-million annual budget. City general fund revenue is projected to increase by nearly $100,000 — about 2.3% — over the 2011-12 fiscal year on the strength of a 16% spike in sales tax revenue between July and December, said Spence.