Finance Committee to schedule 2011 Budget Public Hearings
Guest blog by Victor Schneider
As most, but not all, people are aware this next year could be one of the most financially challenging that the city has faced since the closing of the GM plant. With the challenges that all of us have been facing with the economy we must realize or maybe the word is rationalize that the City of Norwood is no different. The city is facing tremendous hurdles for the 2011 budget.
The Finance Committee has made the decision to send a Temporary Appropriations ordinance to council for approval.
This gives City Council the chance to review and have three readings and discussion at three council meetings before the end of the year. If all goes as planned this would give the city the necessary funding to continue operations at the beginning of 2011.
The temporary budget gives the city a chance to close out the books at the end of the year and provides a chance to work with real numbers as the actual 2011 budget is formulated. This also gives the Finance Committee time to schedule a few 2011 Budget Public Hearings. I am working on those dates and should be able to release this information as soon as I have the meeting places confirmed. These meetings will be a chance for concerned citizens to see the actual hurdles that must be overcome It will also give them a chance to provide input on the decisions that the finance committee will make as recommendations for City Council.
As we have seen on all levels of government 2011 budgets are presenting a challenge. Decreased income means that cuts have to be made at certain times. The City of Norwood has run lean before and will run lean again. I feel confident that with citizen input, some very informed people on Council as well as some very dedicated and intelligent people working for the good of Norwood we will be able to overcome these challenges and thrive.
Norwood has weathered many storms and as my brother says the "toughest steel is made from the hottest fire". We have seen the hottest fire and we will overcome this challenge.
I will get the 2011 Budget Public Hearing dates to Citizens for a Better Norwood for publication as soon as they are finalized.
Victor Schneider
Finance Committee Chairman
Norwood City Council
As most, but not all, people are aware this next year could be one of the most financially challenging that the city has faced since the closing of the GM plant. With the challenges that all of us have been facing with the economy we must realize or maybe the word is rationalize that the City of Norwood is no different. The city is facing tremendous hurdles for the 2011 budget.
The Finance Committee has made the decision to send a Temporary Appropriations ordinance to council for approval.
This gives City Council the chance to review and have three readings and discussion at three council meetings before the end of the year. If all goes as planned this would give the city the necessary funding to continue operations at the beginning of 2011.
The temporary budget gives the city a chance to close out the books at the end of the year and provides a chance to work with real numbers as the actual 2011 budget is formulated. This also gives the Finance Committee time to schedule a few 2011 Budget Public Hearings. I am working on those dates and should be able to release this information as soon as I have the meeting places confirmed. These meetings will be a chance for concerned citizens to see the actual hurdles that must be overcome It will also give them a chance to provide input on the decisions that the finance committee will make as recommendations for City Council.
As we have seen on all levels of government 2011 budgets are presenting a challenge. Decreased income means that cuts have to be made at certain times. The City of Norwood has run lean before and will run lean again. I feel confident that with citizen input, some very informed people on Council as well as some very dedicated and intelligent people working for the good of Norwood we will be able to overcome these challenges and thrive.
Norwood has weathered many storms and as my brother says the "toughest steel is made from the hottest fire". We have seen the hottest fire and we will overcome this challenge.
I will get the 2011 Budget Public Hearing dates to Citizens for a Better Norwood for publication as soon as they are finalized.
Victor Schneider
Finance Committee Chairman
Norwood City Council