Trying to close a $20 million dollar budget shortfall, Louisville Metro Government is offering the Fraternal Order of Police several concession options aimed at trimming more than $1 million, but the union has rejected all of them. They include charging officers more for the use of their take-home cruisers, foregoing pay raises or cutting vacation… Continue reading FOP Rejects City Budget Cutting Options
Louisville Metro Government is facing an additional $13.4 million budget hit next fiscal year.
Louisville Mayor Jerry Abramson will use pay reductions and work furloughs to cut more than $2 million from the city budget.
This week, Louisville Mayor Jerry Abramson is in meetings with city department leaders. He’s looking for ways to cut $20 million out of the Metro Government budget. The mayor has put a freeze hiring and travel, but says cuts to employment and services may be coming soon.
Louisville Mayor Jerry Abramson is expected to announce revisions to the city budget this morning.
Budget cuts are looming for Louisville Metro Government. An announcement from the mayor about a budget shortfall is expected on Monday.
Louisville Metro’s budget predictions for the current fiscal year have proven overly optimistic in the current financial crisis.
The Kentucky Youth Advocates organization is asking Governor Steve Beshear and state lawmakers to find new sources of revenue instead of cutting budgets to offset a projected revenue shortfall.
From Kentucky Public Radio’s Tony McVeigh Kentucky could be facing an almost $300 million budget shortfall this fiscal year, but Governor Steve Beshear says the state “will survive this economic crisis.” Before the administration takes any action, Beshear wants a new revenue projection. “When you have the Dow Jones Industrial average swing almost 17-hundred points… Continue reading Kentucky Faces Revenue Shortfall
When it comes to the state’s general fund, revenues are up more than 7% for the month of August.