BREAKING NEWS: CITY STAFF PROPOSES INCREASE IN PROPERTY TAXES AND ELECTRIC UTILITY TRANSFER

BREAKING NEWS: CITY STAFF PROPOSES INCREASE IN PROPERTY TAXES AND ELECTRIC UTILITY TRANSFER

Just last month, Raoul Lavin of the City’s budget office, provided the first glimpse of the 2014 budget. His presentation focused only on the General Fund, which finances core city services, and indicated an upcoming deficit of approximately $5 million. Yesterday, City Manager Anita Favors Thompson released her recommended 2014 (FY14) budget for review by […]

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 for 2013 is matching up with actual spending and a forecast of the 2014 General Fund. Information for the other funds, including electric and gas, […]