Monday, July 13, 2009

Municipal Budgets: More Bad News

Link to July 12 Milwaukee Journal Sentinel article, "Municipalities consider more layoffs, extending furloughs".

Excerpt: Municipalities already stretched financially thin and making cutbacks this year to avoid deficits are bracing for even leaner times in 2010.

Some municipalities, which have resorted to unpaid employee furlough days to help erase red ink in 2009, say they may have to extend furloughs into next year, lay off employees or not fill positions when people retire as a way to avoid projected 2010 shortfalls that range from $1 million in some suburban communities to at least $90 million in Milwaukee.

And they are warning residents that they could expect some cuts in service because of the financial pinch and the state cap that limits tax levy increases to 3%.

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