February 3, 2012 - Mayor Madeline Rogero held a budget retreat with City Council members and city leadership staff at the John T. O'Connor Center today to discuss the financial state of the City's budget and to introduce new council and staff to the annual budget process.
Finance Director Jim York reported on the forecast for completion of the 2011-2012 Fiscal Year, and presented the budget outlook for Fiscal Year 2012-2013.
At the end of the retreat, which was held from 8:30 a.m. to 1:30 p.m., Mayor Rogero gave this brief summary:
Challenges and Opportunities
As we wrap up today, we have a lot to build on.
We are a great city, in good financial shape, with great employees and exciting policies in place to invest in our city core and to strengthen our neighborhoods. [NEWS RELEASE]