2011 Birmingham budget: Difference between revisions

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The city began working in April with the [[UAB School of Business]] to arrive at a reliable projection for annual revenues. It is assumed that additional cuts to operating expenses and new sources of revenue will be required to insure a balanced budget. Among the cuts discussed are funds for non-profit organizations, staff buyouts, and some reduced services. Possible revenue initiatives include fees for garbage collection and police reports.
The city began working in April with the [[UAB School of Business]] to arrive at a reliable projection for annual revenues. It is assumed that additional cuts to operating expenses and new sources of revenue will be required to insure a balanced budget. Among the cuts discussed are funds for non-profit organizations, staff buyouts, and some reduced services. Possible revenue initiatives include fees for garbage collection and police reports.


On [[May 17]] Bell addressed all city employees at [[Boutwell Auditorium]], informing them of an across-the-board 10% pay cut which will be submitted as part of his 2011 budget. Those cuts could be restored to the degree that revenues allowed over the course of the budget year.
After receiving requests for funding from city departments, Bell reported that projected costs for 2011 totaled $400 million while projected revenues would be only $350 million, requiring significant cuts.
 
On [[May 17]] Bell addressed all city employees at [[Boutwell Auditorium]], informing them of an across-the-board 10% pay cut which will be submitted as part of the 2011 budget. Those cuts were an effort to prevent layoffs, but early retirement and possibly furloughs could become necessary. On the other hand, the cuts could be restored if revenues improved over the course of the budget year.


==References==
==References==

Revision as of 18:23, 17 May 2010

The Fiscal Year 2011 Birmingham budget includes the general fund operating budget for the City of Birmingham for the fiscal year July 1, 2010 - June 30, 2011. The proposal is due to be submitted by Mayor William Bell to the Birmingham City Council by May 20, 2010.

The city began working in April with the UAB School of Business to arrive at a reliable projection for annual revenues. It is assumed that additional cuts to operating expenses and new sources of revenue will be required to insure a balanced budget. Among the cuts discussed are funds for non-profit organizations, staff buyouts, and some reduced services. Possible revenue initiatives include fees for garbage collection and police reports.

After receiving requests for funding from city departments, Bell reported that projected costs for 2011 totaled $400 million while projected revenues would be only $350 million, requiring significant cuts.

On May 17 Bell addressed all city employees at Boutwell Auditorium, informing them of an across-the-board 10% pay cut which will be submitted as part of the 2011 budget. Those cuts were an effort to prevent layoffs, but early retirement and possibly furloughs could become necessary. On the other hand, the cuts could be restored if revenues improved over the course of the budget year.

References

External links