Wednesday, May 07, 2008

First Glance at Boss Godfrey's Proposed 2009 Budget

This morning's Std-Ex story reveals discrepencies and errors galore

By Disgusted

In this mornings Standard-Examiner the mayor talks about increasing the city budget by 13.4%, from 120.5 to 136.7 million dollars.

Hasn't the mayor been paying attention to the big picture? We're in a national economic slowdown. He says well finance the new budget with money from the recently raised sewer and water rate but he wont raise taxes. Tilt! What are the raised rates, if not tax increases under another name?

And the mayor says that we will fund this budget from increased revenues from The Junction. Didn't we just hear from him that the junction was behind projections on revenue generation and that we would have to subsidize the junction for at least a couple more years?

Also the 135 million dollar budget isn't represented in the pie chart that accompanies the story, which when totaled only accounts for 43.3 million dollars. Where is the rest of the money being spent?

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