The Finch Formerly Known As Gold

7 May 2004

Tightening the city belt

The new fiscal year starts 1 July, and Jim Couch, who twiddles the purse strings down at City Hall, is in a glum mood. In the news flyer that comes with the utility bill, he spells it out in no uncertain terms:

We asked every department to submit a budget cut of 2.5%. Even though the economy seems to be improving, we still have to cut — the revenue increase is not enough to keep up with the rising cost of employee pay and benefits.

On the upside, this doesn't sound anywhere near as bad as last year's budget.

The City Council will hold two public hearings on the budget before it comes up for a vote.

Posted at 7:37 PM to City Scene