$200,000 Deficit for Parks & Recreation
At the Board of Finance meeting, a major issue discussed was the $200,000 deficit for Parks and Recreation.
board of finance
Rent Control in Burlington
Tonight we attended the Board of Finance meeting and the City Council meeting where rent control was discussed.
Resolutions to lower the cost to the city of the retirement system for city employees
The Board of Finance proposed a resolution to lower the cost to the city of the retirement system for city employees. The resolution, noting that city contributions to the retirement fund jumped from about $1.5 million in fiscal year 2002 to $4.6 million this year and are “still not sufficient to meet the actuarially projected future costs.”
2006 City Budget
The Mayor introduced the 2006 City Budget proposal at the last City Council. Having followed the finance committee meetings, I am aware of the problems and issues they faced and I understand that it was a difficult process for everyone involved. However, I noticed a couple problems regarding the budgeting process that disturb me.