Tuesday, March 25, 2008

That's cutting the fat for you

In order to achieve the City's desired cut of $400,000, the library board has to raid their reserves to the tune of $222,000 dollars.
The library had $370,000 in reserves at the end of 2007, but that figure drops to $148,000 under the approved budget. Foster hopes some of those funds - at least $80,000 - will be replenished by the end of the year through late fees and fines.
Not content with draining Windsor City reserves over the last four years, Council seems intent on making sure agencies like the Library Board do the same thing.

Anyone that feels that ALL City departments and agencies have been subjected to the same level of scrutiny and cutbacks, please feel free to comment.