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Steve McIntosh Report Blog



Projected deficits for the City of Wichita

The agonizingly-slow economic recovery means property values are not rising, and that’s a big factor in revenue for local government. Last week the Wichita City Council was told they face projected budget deficits of 2.4 million dollars in 2013 and 5.5 million dollars in 2014.
That means another round of belt-tightening. City Manager Robert Layton says city workers have already done that. He says they’ve been working hard the past couple of years, as fewer workers pick up the load.
Sedgwick County is looking at a ten million-dollar shortfall next year. So, more belt-tightening across Central Street.
Haven’t heard much yet from the Wichita Board of Education. The new state budget will boost the revenue flow from Topeka to school districts, but how much impact will that have?
This has been a tough recession for all Americans … and civic employees have not been immune. State and local governments have reduced services, cut jobs, and offered early retirement to public workers.
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Our thought for today is from Maxwell Maltz:
 
“We find no real satisfaction or happiness in life without obstacles to conquer and goals to achieve.”


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Topics : Labor
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Locations : Sedgwick CountyWichita
People : Maxwell MaltzRobert Layton




 
05/25/2012 3:37AM
Projected deficits for the City of Wichita
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