September 13, 2005

2006 City Budget

Here are a few thoughts on the City Budget

Since FY 2001, to the now proposed FY 2006 Budget:

* General Fund spending increased more than 112%, from $57.2M to $121M.
* Population increased 33%, from 107,377 to 143,000 people.
How is a 112% increase in spending justified with a 33% population increase?
* Ad valorem revenues increased 290%, while millage reductions decreased only 20.47%.
* 86% of the millage reduction is from reduced debt service, 0.7914 mills to 0.1119 mills. Conclusion: Millage reductions are NOT a result of fiscal constraints in spending.

1 Comments:

Comment...

This Council does not know the meaning of fiscal constraint! They only know how to spepnd spend spend!

9/18/2005 5:09 PM  

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