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5.7. SR 02-24-2003
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5.7. SR 02-24-2003
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1/21/2008 8:32:16 AM
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Nobody should panic at this time, as the proposal is just that - a proposal. Hoxvever, the <br />House is dominated by Republicans and history has shown that the Governor generally gets <br />the majority of his requests, especially the fzrst year. <br /> <br />The city will have to use some reserves in order to cushion the LGA and Market Value <br />Homestead Credit cuts but reserves is not the total solution to this potential action by the <br />state. Reserves will be especially important for 2003, but we need to also look for permanent <br />reductions that can help the 2004 situation. The city will have to look at which programs and <br />services can be reduced or that we can do without and which programs and services can be <br />provided in a different manner. About 74% of the city General Fund Budget goes for <br />personnel services (employee wages and benefits) and it is unavoidable that employees will <br />be looked at to be part of the city budget solution. Employees being part of the solution can <br />take many different forms and shapes. <br /> <br />I have akeady received some good information regarding budget reduction from department <br />heads in response to my 1-8-03 memo. I am very concerned about the impact on services, <br />especially for 2004. Along with cuts, any additional revenues that you think is possible from <br />your department should be explored. <br /> <br />All departments are encouraged to seriously evaluate their 2003 budget. Please include your <br />employees in your budget discussions, and especially ask for their input as it relates to the <br />employee situation. We will need to meet and set up contingency plans during the months of <br />March and April and the budget will be a topic of discussion at our February staff meeting. <br /> <br />5/Admin/Pat/LG~dCuls <br /> <br /> <br />
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