Friday, November 12, 2010

FY2012 Budget

An update to the budget got handed out at Tuesday's city council meeting and it's pretty much been overlooked in the discussion on rezoning and Mike Neil's appointment. It's not good news either.

Police pensions will increase 29.6% or 302,729; fire dept. pensions up 26.3% or $168,953 and workman's compensation will increase 10% as will the cost for health insurance. This is over and above the pension increases for Fy2011 that prompted the sales tax increase last June. According to the accompanying letter, city staff will look at the increases and make recommendations at a later date.

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