Being Prepared To Cut Budgets | News, Sports, Jobs – Wheeling Intelligencer

Just when local government officials thought it was safe to guess at budget revenue in a post-coronavirus economy, COVID-19 issued a deadly “think again” message. Though many businesses and families continue trying to get back to normal, it is likely the epidemic’s resurgence will affect tax revenue for local and state entities.

That means information such as that discussed by Jefferson County commissioners last week may be just a starting point in crafting budgets for the upcoming fiscal year.

Auditor E.J. Conn told commissioners the county’s proposed general fund budget for next year, including requests from department heads, is $17.7 million. Revenue for the year is expected to total only $15 million.

That means it is time to “pump the brakes” on spending, as Commissioner Tom Gentile noted.

Or should the fiscal brakes be slammed on?

No one knows. Clearly, however, commissioners and other local government leaders in the valley need to tell department heads to cut budget requests to amounts now expected to be available — and be thinking about how to reduce their requests even more, should COVID-19 result in another economic slowdown.

Today’s breaking news and more in your inbox



Related Posts

Comments

  1. 788059 991930Hello there! I could have sworn Ive been to this blog before but soon after checking by means of some with the post I realized it is new to me. Anyhow, Im certainly glad I identified it and Ill be bookmarking and checking back frequently! 992810

  2. 669586 665158I saw your post awhile back and saved it to my computer. Only recently have I got a chance to checking it and have to let you know nice function. 437027

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

21,935FansLike
2,507FollowersFollow
0SubscribersSubscribe

Recent Stories

Modeling carbon budgets and acidification in the Mediterranean Sea ecosystem under contemporary and future climate

Modeling carbon budgets and acidification in the Mediterranean Sea ecosystem under contemporary and future climate Published 27 January 2022 Science

Back to school expenses putting more pressure on post-holiday budgets

Australian parents are set to spend 9 per cent more on back to school supplies this year than they did last year, with three...

Funding higher ed: Lawmakers weigh budgets for universities – Idaho Press-Tribune

Funding higher ed: Lawmakers weigh budgets for universities  Idaho Pre

Trends vs Summary & Budgets

Hi!Hopefully someone with a bit more knowledge of the app can help me here.I’m...

Top 10 best hotels in Dublin city centre for all budgets (luxury, budget, family-stays, and more)

Heading to Dublin but not sure where to stay? We’ve checked out the ten best hotels in Dublin city centre for you — from...