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Coral Springs's financial strategy forum today

Coral Springs officials and staff want input from residents as they go about trying to maintain service levels even as the current economic recession continues to take its toll on local bodies. .

The city will hold a public "financial strategy forum" and special meeting at 6:30 p.m.on Tuesday, June 16, at Parkside Elementary School, 10257 NW 29th Street. The forum, which replaces the regularly scheduled City Commission meeting, will give residents a chance to provide input that will be taken into account as the city prepares its budget for fiscal year 2010.

This is the first year that the city is having such an event. Like most other cities, Coral Springs normally organizes two business planning workshops in June and July and two public budget hearings in September.

“The city is developing a financial strategy to counter the impact of this recession on our business plan and budgets for the next fiscal year. Our main objective is to preserve service levels throughout our community during the remainder of this recession while ensuring continued long-term financial solvency for the benefit of our residents and businesses,” Mayor Scott J. Brook said.

Recent data from the Broward County Property Appraiser’s Office about 2009 home sales and title transfers to date—including a record number of local foreclosures and short sales—indicate the slump in real estate values will continue this year and will also contribute to a significant additional tax roll decline next year.

Following the event on June 16, the city will hold its first business planning workshop on Tuesday, June 23. The second one will be held July 21. These will be followed by two public budget hearings in Sept.

Residents can visit www.coralsprings.org for more details.

POSTED IN: Coral Springs (215)

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About The Reporter

ARUN SIVASANKARANARUN SIVASANKARAN
Arun Sivasankaran has covered Coral Springs and Parkland for the Coral Springs Forum since February 2007. Before...

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