Albany passes balanced budget - WALB.com, Albany News, Weather, Sports

Albany passes balanced budget

Posted: Updated:

ALBANY (WALB) - Albany city commissioners passed a balanced budget Tuesday night without a tax increase and without layoffs or furloughs.

Commissioners adopted a $111-million spending plan for the budget year that starts Friday.

Mayor Willie Adams says at a time when many communities are struggling with financial problems, he's proud the city of Albany was able to pass a budget that doesn't put more stress on employees or taxpayers.

"We're blessed during these economic times that we did balance the budget and that we have a small surplus. And we were able to give our employees a cost of living adjustment," said Adams.

The city still has $4.7 million in cash reserves.

 

Copyright 2011 WALB.  All rights reserved.  

Powered by WorldNow