Last night Matt Cox, head of the budget committee, gave a presentation on what progress has been made so far towards the F.Y. 06 budget. The good news? It's balanced. The bad news? There are some additional sources of revenue and expenditures that have been mentioned/requested that could unbalance it. A indepth proposal of the new budget will be presented over the course of two board of alderman meetings to be followed by final board approval before the September 15th deadline.
If you are interested in reading Matt Cox's powerpoint presentation you can download it here.
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