FY11-12 Budget Amendment Summary

The Board of Aldermen approved the Mayor's FY 11-12 Proposed Budget with one packaged amendment.  Find the Summary below.  You'll see it includes $ for Saturday library hours at all four branches  The amendment also includes updates to State revenue lines per their budget ratification, an error fix (street lighting), NO asset sales, increased meter revenue (link to New Meter Proposal blog), NO stormwater authority created, and different assumptions (yes, budgets have assumptions - both more and less conservative assumptions) for labor costs/concessions and self insurance.  There are several open labor contracts and this year savings are anticipated instead of increases - which would also have been budgeted/assumed if expected.