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Updated: 11:59 PM Nov 20, 2009
Layoffs, pay cuts possible options to fix Lexington's revenue shortfall
Mayor Jim Newberry said Lexington is facing an estimated $12-13 million shortfall. The city may have to consider several difficult options to fix it.
Posted: 6:38 PM Nov 20, 2009 |
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16 Comments
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Several difficult options may be on the table, when Lexington city leaders decide how to make up a big revenue shortfall.
Mayor Jim Newberry says Lexington is now facing an estimated $12-13 million shortfall.
So he says the city may consider layoffs, pay cuts, furloughs, and getting rid of some city programs.
The mayor wants city division directors to come up with ways to trim costs.
He'll present a budget reduction plan to the Urban County Council in January.
Latest Comments
Posted by: Zatoichi
Location: Richmond
on Nov 24, 2009 at 04:22 AM
How about pulling the plug of that new exhibition center and museum where the Lyric once stood. Several millions went to renovate the bldg and now is projected to be at $400K yearly operating loss for the city.
Posted by: miss kate
on Nov 23, 2009 at 05:28 PM
i am not saying get rid of it but it sure does need to be scrutinized. is there really a need for the big buses? and as many runs? could they not go to the smaller ones that are used for the Wheels program? or like mike said, vans. cheaper to insure, cheaper to maintain, cheaper to fill up. and unless i park somewhere, to ride it, it is not accessible to me. and i STILL pay for it. almost $200/yr.
Posted by: randy
Location: hazard
on Nov 23, 2009 at 05:18 PM
Gee, what a great time for a boycott.
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