Municipal Budget Update: Sheboygan

Link to June 11 Sheboygan Press article, "City faces $2.8M budget shortfall".

Excerpt: Terry Hanson, city finance director, said the city faces a projected budget of $38.2 million in 2010, up from $35.4 million this year. The budget includes projected pay increases of $910,000, and six-figure increases in the state retirement fund, garbage tipping fees, operating costs and health insurance.

In addition, City Assessor David Lutzke said Sheboygan will likely see a $2 million decrease in total assessed valuation.

"It may be the first time in the history of Sheboygan the number has been negative," Lutzke said.

Ryan, in a separate interview following the meeting, reiterated his desire to have a pay freeze for all employees for two years and his pledge not to raise property taxes. He said he expects the economy to turn around in the next two years.