Thursday, August 12, 2010

"Proposed 2011 City Budget Includes $12 Mil. In Cuts"

Now, this really is strange in San Antonio.
SAN ANTONIO -- City Manager Sheryl Sculley laid out her plan for a balanced budget in 2011 to the City Council Thursday morning, which included eliminating 202 staff positions.

The proposed $2.36 billion budget features $12 million in cuts, which are in response to declining sales and property tax revenues, and would set aside $15 million to help balance the budget in 2012, which Sculley anticipates will be another down year economically for San Antonio.
(from KSAT-12)

What a shocker! A governmental entity actually cutting spending in response to hard times while also planning for the financial future. Granted, the cuts and the set asides amount to only 1.144% of the entire budget, but at least they're not talking about raising taxes to make up for the shortfall.

Sculley gets a point from me for this one.

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