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City Employee Pension Costs are a Silent Budget Killer

City Employee Pension Costs are a Silent Budget Killer

The City Commission has avoided raising property taxes this year and instead has relied on an increase in the gas tax and one time transfers from reserve funds to reach…

Proposed City Spending Outpaces Consumer Spending

The fiscal year 2014 budget process is officially under way. During last weeks City Commission meeting, Raoul Lavin, the City’s budget guru, gave City Commissioners a progress report on the…

City Staff Projects $5 Million Deficit for General Fund in 2014

At the City Commission meeting this week, city staff will provide commissioners with their first budget update for the 2014 cycle. The update will provide information on how the budget…

COT Has Been Spending Reserves Each Year Since 2006

To understand where you are, sometimes it is useful to look at where you have been. With the recent approval of a 15% property tax increase to plug the hole…

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