Interim administrator to present balanced budget proposal “It’s going to be a balanced budget that does not dip into reserves,” Allen said. “It’s probably not going to make everybody happy, but it gets us where we need to be to move forward.” Allen and finance department staff members were challenged by the Augusta Commission earlier this year to present a balanced budget proposal, with commissioners citing former administrator Fred Russell’s tendency to ask them how to cut it as an area of dissatisfaction. Allen, declining to elaborate on the “tough decisions” she and other staff made in deciding how to balance the budget, said the proposal will not require a millage rate increase next year. She also wouldn’t comment, however, on whether the budget will enjoy an estimated $9.9 million in new Engineering Department revenue from a stormwater fee based on a property owners’ square feet of impervious surface, such as roofs and parking lots. With property tax collections flat, expenses mounting and commissioners unable to agree on areas to cut, the commission has agreed to dip into the city’s reserves to balance the budget every year since 2008. This year, the commission passed a 1.75-mill property tax increase to cover an operating shortfall and provide employees [...] geogianews/interim-administrator-to-present-balanced-budget-proposal-2/
Posted on: Tue, 21 Oct 2014 06:30:51 +0000
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