$900,000 Projected Deficit for 2012
The City of Port Angeles is expecting to be $900,000 in the red next year. City Manager Kent Myers said:
“We're being faced with an increase in costs without the ability to finance that with additional revenue.”
City Finance Director Yvonne Ziomkowski said $600,000 of the deficit is the result of increased personnel costs. Another factor is the expected loss of sales tax revenue when Price Ford Lincoln moves to a new location outside the city limits.
“We're being faced with an increase in costs without the ability to finance that with additional revenue.”
City Finance Director Yvonne Ziomkowski said $600,000 of the deficit is the result of increased personnel costs. Another factor is the expected loss of sales tax revenue when Price Ford Lincoln moves to a new location outside the city limits.
Labels: 000 deficit, Kent Myers, Port Angeles 900, Price Ford Lincoln, Yvonne Ziomkowski
posted by Tom Harper at 9:01 PM
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