The recent debate on the fate of the $8 million electric utility surplus for 2010 has morphed into a discussion about the proper level of the electric utility reserves. City staff has reported that the current level of the reserve is approximately $100 million, with a staff proposed range of between $119 million and $185 […]
Tallahassee Reports has reached out to a number of elected leaders over the last couple of days to get their reaction to the City Commission’s vote to keep the $8 million year end surplus generated by the electric utility.
On Tuesday, September 8th, Assistant City Manager Raul Lavin addressed several issues on The Morning Show with Preston Scott. Research by Tallahassee Reports indicates that answers given by Mr. Lavin on the deferred compensation and the electric utility reserve funds are not consistent with information contained in publicly available documents. Deferred Compensation On the deferred compensation, Mr. […]
With the Tallahassee City Commission taking a serious look at raising taxes and cutting services, Tallahassee Reports – and a number of other interested citizens – have begun to dig into the proposed 2010 budget. Tallahassee Reports has focused its analysis on the City’s “Reserve Accounts.” The City has reserve accounts for the General Fund, Electric Fund, […]