
217:25 - 217:58
"We gave ourselves the task of cutting $2 million out of the budget, plus finding revenue of $2 million. We did not cut $2 million out of our budget. We barely scraped by with $1 million, and then we added a bunch of other things."
“We gave ourselves the task of cutting $2 million out of the budget, plus finding revenue of $2 million. We did not cut $2 million out of our budget. We barely scraped by with $1 million, and then we added a bunch of other things.”
All right, I'm struggling with this because, as Ms. Wall said in her beginning statement, that The city manager and the finance director did their job, and they cut over $4 million out of the budget. We gave ourselves the task of cutting $2 million out of the budget, plus finding revenue of $2 million. We did not cut $2 million out of our budget. We barely scraped by with $1 million, and then we added a bunch of other things. So I would guess the net result's probably about $200,000.
The Assembly voted 6-3 to raise the vehicle sales tax cap from $14,300 to $50,000 after rejecting proposals to remove the cap entirely. The move is one of several revenue measures officials are weighing to close a $10 million to $12 million budget gap.
