With an 8-5 vote last night, the Troutdale Budget Committee directed that city
staff come back with alternate city budgets to compare with the existing proposed 2012-2013 budget that spends $350,000 from the city's reserve
dollars-- an alternate proposed budget that spends only $150,000 from
reserves, and one that spends zero dollars from reserves. They want to
see what these deeper budget cuts would look like. City staff will be providing these alternate budgets to the committee at the next budget meeting early next month. (See the proposed budget here).
Why the hesitation to spend down the city's reserve funds? The city
staff's proposed 2012-2013 budget document stated that the city could
only spend down the city's diminishing reserve funds for a "couple more
years" at the present rate before becoming unsustainable.
I
spoke at the public comment portion of the budget meeting asking that
the budget committee direct staff to live within their means and stop
the city's deficit spending. The City of Troutdale's budget has been
approved with more expenditures than revenues for years, and now their
reserves are nearly tapped out.
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