The Finch Formerly Known As Gold

3 August 2004

Pennies pinched, no waiting

The city of Kingfisher, thirty miles from northwest Oklahoma City, has been in a financial bind; its accumulated deficit had grown to nearly $1 million, a lot of debt for a city of four thousand people. "We would have found ourselves bankrupt in 18 months," says City Manager Doug Enevoldsen.

They're not out of the woods yet, but fiscal year 2004 ended with a surplus of $193,000 following Enevoldsen's austerity program.

Perhaps ironically, Enevoldsen himself owes his position to budget cuts: he was let go from the Department of Tourism last year as part of the state's austerity program.

I mention this because, well, I have this weird idea that governmental units should not spend more than they can reasonably expect to receive.

Posted at 8:03 AM to Soonerland


I have this weird idea that governmental units should not spend more than they can reasonably expect to receive.

Right-wing extremist.

Posted by: McGehee at 8:23 AM on 3 August 2004

Bruce evidently thinks so; he was happy to (try to) flay me on this post.

Posted by: CGHill at 12:53 PM on 4 August 2004