Thursday, November 18, 2010

South Ogden City - Too Much Spending? Standard Examiner Reports.

I have not been able to attend a city council meeting for sometime due to my schedule; however I wish I had attend this last meeting to have heard the explanation for our current situation.

According to the Standard Examiner and reporter Gentry Reinhart, South Ogden City has some budget issues. South Ogden City has spent a monster $700,000 with no revenue to match it. Brent Litz of Litz & Company, performed the audit and said,

"You're in a challenging position for the general fund. You haven't got a revenue stream that's going to support all of your cost structures you've got in the general fund, and so it's going to be a challenge for you to play that game of balancing revenues and balancing costs and making sure that you keep the equation appropriate."
Some points of concern - Maintaining Facilities and also paying for a new recreation center.  OH WAIT!  If you remember from our previous meetings, the City Council told us this isn't a recreation center it is a gym facility!  Which even back two years ago they predicted we would lose money and few people would use.  See My Posts Here: Gym Facility and Rec Center Meeting (Mayor Garwood admits he will never use it.) 

It will be intersting to hear the cost cutting ideas the city has and how we will get back on budget.  So far, the city has been dipping into their general fund to make things work.  But this is not an endless pool of cash.  We need some better budgeting skills and maybe reconsider how we are going take advantage of our $2.5 Million money pit of a gym facility that we all are paying higher taxes for.

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