Thursday, July 2, 2009

City of La Crosse 2010 Budget Picture


Link to July 2 La Crosse Tribune article, "City’s early budget outlook is grim".

How grim?

An additional $1.5 in expenses.
  • $250,000 reduced state aid
  • $400,000 projected loss in investment earnings
  • $592,000 increased health insurance costs
  • $220,000 increased contribution public retirement system

  • Excerpt: The increased spending doesn’t take into account requests from individual departments or union contracts still under negotiation.

    Those aside, La Crosse leaders would need to cut at least $500,000 from its general operating budget to comply with the 3 percent state-mandated cap on how much the city can increase the local tax levy, Delagrave said.


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