Emergency meeting held addressing town's financial crisis

Residents of Louisa say the town's financial crisis is beyond out of hand.

Roy Dillon works with the city of Louisa's trash pickup service. He says he and other city workers have been in limbo.

"We decided to stay on not knowing if we might get another week's pay," he said.

A couple weeks ago, the city of Louisa told WSAZ.com they only had 6 thousand dollars to pay the 46 thousand dollars due in basic utilities.

Mayor Teddy Preston held an emergency meeting Thursday night because the city hadn't received its property taxes, which were needed to be able to afford to pay city workers.

However, Preston says after he planned the meeting, the property taxes came in, meaning the city will be able to pay its workers at least through January.

"As of right now we will be ok," Preston said.

The mayor says the problem of how to fix to the big picture issue remains.

City council member Gloria Johnson says she wants to see items like cell phones and unnecessary positions cut from the budget before they consider raising taxes, but city clerk Kathy Compton says those losses would harm the city's ability to function.

Mayor Preston says to help bring the city money, he'll give up his own city car he received earlier this year and donate it with the town's surplus items.

The city had been borrowing money from the town's water department to stay afloat, but Preston says the water department can’t afford to help the city any more.

City council will be having another meeting Tuesday where they plan to try to figure out what cuts can be made.

From sister station WSAZ.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WYMT CONTACT INFO 199 Black Gold Blvd. Hazard, KY 41701 606-436-5757 - switchboard 606-439-9968 - newsroom
Copyright © 2002-2015 - Designed by Gray Digital Media - Powered by Clickability 131316919 - wkyt.com/a?a=131316919
Gray Television, Inc.