City needs to use its piggy bank -, Albany News, Weather, Sports

City needs to use its piggy bank

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Interim City Manager James Taylor Interim City Manager James Taylor

 The city of Albany plans to dip into reserves to make up for a $3.6 million budget deficit. Tuesday, commissioners got their first look at the $108 million proposed city budget.

That's a $3.1 million spending increase over the current year and does not include any furloughs.

Interim City Manager James Taylor promised no millage increase and included a 2% cost of living adjustment for city employees who haven't had a pay raise in three years. City officials say they planned for increased fuel costs and residents will see a slight increase in sewer and solid waste costs.

"The budget requires a two percent increase over a period of time every three to five years so those regularly programmed increases in order to such that we won't get to a point that we're, we need a big increase and it adversely impacts the public," Taylor said.

The balanced budget does include some new positions, including a new assistant city manager.

Over the next several weeks, commissioners will meet with department heads to finalize the budget.


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