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Tuesday, May 24, 2016

Crossville City Budget deficit drops to to $577,641 from original $2.4 million

Following last weeks special called budget meeting that included further cuts to the 2016-17 budget and first readings in title only of the budget and tax rate ordinances, the budget for Cossville is at just over half a million in the red.

The initial budget started out at some $2.4 million in the red and after some discussion with individual council members then work by interim city manager Steve Hill and finance director Fred Houston with department heads, the deficit dropped to just under a million.

Council members discussed additional cuts during their 1.5 hour meeting and with the changes the budget deficit estimate now stands at $557,641.

An additional $150,000 was added to the sales tax collection estimates for the coming year and number of cuts to department requests included reducing the codes departments demolition budget by $50,000, fire suppression in the city's server room at $20,000, $25,000 in requested defibrillators for the fire department.

There are no currently scheduled meetings on the budget but a public hearing on the budget as well as the second readings of the budget and tax rate are expected to be part of the regular June 9 council meeting agenda.

Following last weeks special called budget meeting that included further cuts to the 2016-17 budget and first readings in title only of the budget and tax rate ordinances, the budget for Cossville is at just over half a million in the red.

The initial budget started out at some $2.4 million in the red and after some discussion with individual council members then work by interim city manager Steve Hill and finance director Fred Houston with department heads, the deficit dropped to just under a million.

Council members discussed additional cuts during their 1.5 hour meeting and with the changes the budget deficit estimate now stands at $557,641.

An additional $150,000 was added to the sales tax collection estimates for the coming year and number of cuts to department requests included reducing the codes departments demolition budget by $50,000, fire suppression in the city's server room at $20,000, $25,000 in requested defibrillators for the fire department.

There are no currently scheduled meetings on the budget but a public hearing on the budget as well as the second readings of the budget and tax rate are expected to be part of the regular June 9 council meeting agenda.




1 comment:

  1. This is so they can pay their buddies like Chris Bennett over a million dollars extra to supervise himself. What a joke!

    ReplyDelete