Monday, October 10, 2011

Huntington City Council To Discuss Budget

  • {West Virginia}...Tuesday night, the Huntington city council will meet to talk about their $4.2 million budget shortfall. Finance Committee Chair Steve Williams says nothing less than a total solution is acceptable, and he will be very disappointed if, by this time next week, the city hasn't identified the 4.2 million dollars in cuts and revenue that's needed. The city is struggling with the debt in large part due to a miscalculation of how much it would cost for new fire and police pension provisions adopted in 2010. Two-point three million dollars of the debt dates back to 2009 and 2010. The other $1.9 million is a shortfall in this year's budget. Williams says it's going to take massive cuts, and there will be job eliminations, but police and fire service are safe. The city's budget for 2011-2012 is $40 million with 77 percent of the total budget going to personnel costs.