General Fund Report for 2009 has been released by the State of Indiana.
The General Fund Budget for 2008 shows:
* Budget - $15,518,888
* TAX LEVY - $10,587,145
* Tax Rate - 0.6968
The newly released 2009 General Fund Report shows:
* Certified Budget for 2009 - $10,449,572
* TAX LEVY - $8,782,573
* Tax Rate - 0.6625
The City of New Albany requested $15,312,948 for the 2009 General Fund Budget. The 2009 General Fund was approved at $10,499,572.
When we do our math, it shows that the city is facing a $4,813,376.00 cut in our General Fund.
Our Council needs to study and do their homework to show the taxpayers where they are going to cut $4,813,376. off the 2009 General Fund.
We compliment Councilman Price who has been repeating that we should not be floating bonds and spending money we don't have!
Who said this was the best Council we ever had?
Well Roger, was that ghetto, white trash, nickel & dime, slumlord right or what?
Great job Jethro!!!!!!!
