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Coral Springs' first budget meeting on Monday

Coral Springs will hold its first 2010 budget hearing at 6:30 p.m. on Sept. 14, in the Commission Chambers at City Hall, 9551 W. Sample Road. The hearing also will be televised on CityTV Channel 25 on Advanced Cable Communications and Channel 99 on AT&T’s U-Verse.

The purpose of the meeting is to review the city’s fiscal year 2010 budget. At the business plan workshop held on July 28, the city manager presented a financial strategy focused on combating the effects of the global recession while maintaining current service levels and ensuring the community’s continued long-term financial stability.

The city’s strategy for the next fiscal year centers on a three-pronged approach to cutting a $10.5 million deficit while still maintaining high-quality service delivery. The strategy includes a one-year wage freeze for all city employees; judicious use of $14.5 million from unrestricted reserve funds during the next three years; and adoption of a portion of the property tax rolled-back rate pursuant to State Statutes.

A second budget hearing is tentatively scheduled for at 6:30 p.m. on Sept. 21 in the Commission Chambers at City Hall. The adopted millage and assessment rates will be confirmed at this time.

To view the city’s adopted fiscal year 2009 business plan, visit www.coralsprings.org/publications.

POSTED IN: Coral Springs (256)

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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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