City Projects $6 Million Deficit Despite Revenue Growth

Louisville Metro Government is facing a $6 million deficit based on early revenue projections. Mayor Greg Fischer’s budget allocates $504.2 million for the general fund, but despite higher receipts in the first three months of the fiscal year the city has another financial shortfall. Chief Financial Officer Steve Rowland told the Metro Council’s Budget Committee […]

Council Rejects LG&E Agreement, Fee Increase

Questioning the fairness of the plan, the Louisville Metro Council’s budget committee delayed action on a new franchise agreement negotiated between Mayor Greg Fischer and the Louisville Gas & Electric Co., saying the administration must come up with a better deal. The mayor’s plan would generate $5.4 million in new revenue for the city by […]