Has the city been managing its finances wisely?

The City of Hayward has made significant changes to its personnel structure, compensation guidelines and operating strategies in an effort to keep Hayward financially stable.

City employees, executives, and elected officials have all made substantial sacrifices to aid in this effort by contributing more towards the costs of benefits, all while maintaining a high level of service to the community. At the same time, the City has aggressively sought new businesses and development activity to grow our tax base.

Ratings agencies such as Fitch and Standard & Poors have provided the City of Hayward with “AA+ Stable Outlook” ratings on its debt issuances, reaffirming the sound fiscal management by the Mayor, City Council, and City Staff.