Glendale closes gap in proposed budget deficit; till projected to come up $2.1 million short in ‘14-15

glendaleBy Darrell Jackson | The Glendale Star

Glendale City Council got its first look at the proposed 2014-15 budget at the April 8 workshop that shows financial services has closed a proposed $17 million deficit and closed it to a little more than $2 million for the upcoming year.

The original projections from December 2013 showed that the city budget would show a shortage of $8.6 million for next year. After working with every department and making cuts – which will not reduce any city services – the shortage was lowered to $2.1 million.

“There is no reduction in services and no reduction in the general fund,” said Tom Duensing, executive director of financial services. “Because we start with a $17 million surplus in the general fund, we can adopt a budget for next year with a deficit.”

Continued: 

Related: Council moves toward pay increases for city workers

Big Chino debt: Refi could save Prescott almost $1M

 

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

Friday May 3 News & Views

State Supreme Court reverses sanctions against Arizona GOP in 2020 election challenge The decision overturns lower courts’ rulings and could chill similar sanctions in future

Read More »