City of Bremerton $2.1 million budget shortfall
By Admin
From the Kitsap Sun:
Members of the Bremerton City Council’s Finance Committee held a special meeting Tuesday and learned the city could be looking at a $2.1 million gap between general fund revenues and expenses in 2012.
Between now and the end of the year, the mayor and council members have to close that gap.
Becky Hasart, Bremerton’s financial services director, said when the mayor presents her 2012 budget to the council later this month, the numbers should be more realistic than they have been in the past.
“We are not going to overinflate revenues to make the budget balance,” she said.
Revenue projections for 2011 turned out to be more optimistic than reality. The city’s revenue projections now are about $124,000 short of the $33.8 million budget.
Read more: http://www.kitsapsun.com/news/2011/oct/06/another-bleak-budget-for-bremerton/#ixzz1cQKi8hrh
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