Citizens For A Better Norwood

Friday, March 25, 2011

Finance Committee puts budget in the black!

The Finance Committee came up with a balanced budget last night that will be presented at City Council’s Special Meeting tonight. During the meeting, Mr. Moore went through what seemed to be his own version of a budget, which drew on $616,000 in the Reserve for Contingency Fund that had not yet been tapped. Between his and Mr. Sanker’s numbers for the most part, the 2011 budget is now roughly $25,000+ in the black. Unless new financial information surfaces tonight, City Council will consider a budget that appears to fund all City positions.

Attending the Finance Committee meeting were Councilpersons Keith Moore, Joe Sanker, Victor Schneider, Donna Laake, Steve Thornbury, and John Mumper, as well as Mayor Williams.