News

$31.7 million general fund budget proposed for fiscal 2014; first reading set for next week

Posted: Apr. 9, 2013 10:46 am Updated: Apr. 23, 2013 3:15 pm

By MATT HOPF
Herald-Whig Staff Writer

The city of Quincy is proposing a budget for fiscal 2014 that is 3 percent higher than the current spending plan.

Aldermen received their budget packets Friday. The administration has proposed with a $31.7 million general fund budget for the fiscal year that begins May. 1

Aldermen must approve a budget by the end of this month.

Last year, aldermen approved amendments to lower the general fund budget from $31.1 million to $30.8 million, which included phasing out subsidies to nonprofit organizations over five years.

However, the proposed new budget has restored the money to many of the organizations, which includes the Friends of the Castle, YMCA Teens, the Quincy Society of Fine Arts, and the Redmon and Lee Youth and Adult Community Center.

The budget plan also proposes restoring funding to the Great River Economic Development Foundationn to its 2011 funding level of $67,500.

City Comptroller Ann Scott said the budget is available on the city's website for public inspection. The budget ordinance will be read for the first time at next week's City Council meeting.

The city has yet to post information on the annual budget meeting.

 

-- mhopf@whig.com/221-3391

 

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