Tuesday, June 8, 2010

City officials address 2010 budget again

At a special meeting last week, city administration asked City Council to consider a 2010 budget revision due to additional unforeseen expenditures which were apparently not included in the original budget, officials said.

City administration proposed a revised budget of about $10.7 million to City Council. The 2010 budget was originally approved at $9.9 million.

Council Vice President Karl Marking said council originally believed that the revisions would reduce the budget.

“It turns out we inherited a lot of surprises from the former administration,” Marking said. “Because of the prior administration’s inability to communicate the reality of the financial situation … we have inherited many problems and a budget increase that is unavoidable.”

Council is expected to address the budget revisions at the June 14 meeting.

To read a full copy of Interim City Manager Ted Reed's budget revision memo to City Council, visit the below link:

http://www3.allaroundphilly.com/DLN/citybudgetreportJune.pdf