http://www.bhamweekly.com/2009/05/18/collins-asks-jeffco-departments-for-33-percent-cuts/ News, Entertainment & Points of View Fri, 19 Mar 2010 02:05:24 -0400 http://wordpress.org/?v=2.8.4 hourly 1 http://www.bhamweekly.com/2009/05/18/collins-asks-jeffco-departments-for-33-percent-cuts/comment-page-1/#comment-1758 JHMCFERRIN Tue, 19 May 2009 23:47:24 +0000 http://www.bhamweekly.com/?p=4750#comment-1758 Kyle:<br>33% cuts over the potential loss of 7% of the funding for the 2008-2009 fiscal year? Budget is $303 million, Jeffco has collected about 98% of all license taxes, Jeffco has collected 8 out of 12 months worth of occ taxes - so Jeffco is facing the potential loss of 4 months of occ tax (4 x $5.5 million per month = $22 million) The potential loss of $22 million means Jeffco is facing the loss of 7% of its total budget - so how come they need to cut 33% of the budget? Kyle:
33% cuts over the potential loss of 7% of the funding for the 2008-2009 fiscal year? Budget is $303 million, Jeffco has collected about 98% of all license taxes, Jeffco has collected 8 out of 12 months worth of occ taxes – so Jeffco is facing the potential loss of 4 months of occ tax (4 x $5.5 million per month = $22 million) The potential loss of $22 million means Jeffco is facing the loss of 7% of its total budget – so how come they need to cut 33% of the budget?

]]>