From the Jeffersonville News and Tribune:
The Jeffersonville City Council approved a resolution Monday night that moves forward with a little more than $2.5 million in budget cuts.
The council itself took the biggest part of that cut, with a hit of about $819,000. A major part of that included money that had been set aside for capital projects. The parks department budget was hit to the tune of about $294,000, again with capital spending being the major focus.
The city’s finance office and the Jeffersonville Police Department were among other big losers with budgets being reduced by about $278,000 and $160,000 respectively.
The cuts were approved Monday on a recommendation by the council’s budget committee — made up of council members Nathan Samuel, Lisa Gill, Bryan Glover and Mike Smith — which met on Friday.
The cuts were necessary because of property tax caps imposed by the state which limit the dollars that can be collected by municipalities.
The city needs to cut about $3.5 million in order to bring the budget in line with the caps. About $1 million is being paid out of existing fund balances. The rest is being made up by the cuts the council approved Monday.
The action is not final, as officially the council has only approved a resolution instructing the city’s financial officer to advertise the cuts.
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http://newsandtribune.com/business/x234165499/Jeffersonville-budget-cuts-move-forward
