Comments on: Birmingham $17 million deficit revealed http://www.bhamweekly.com/2009/07/06/birmingham-17-million-deficit-revealed/ News, Entertainment & Points of View Fri, 19 Mar 2010 02:05:24 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: Birmingham admits deficit | Birmingham Weekly http://www.bhamweekly.com/2009/07/06/birmingham-17-million-deficit-revealed/comment-page-1/#comment-3544 Birmingham admits deficit | Birmingham Weekly Thu, 24 Sep 2009 13:48:07 +0000 http://www.bhamweekly.com/?p=6597#comment-3544 [...] basis in reality. When the council’s analyst asked where all this missing money would come from, Sayler told the council that there were still revenues outstanding that the city wouldn’t receive for another couple of [...] [...] basis in reality. When the council’s analyst asked where all this missing money would come from, Sayler told the council that there were still revenues outstanding that the city wouldn’t receive for another couple of [...]

]]> By: UPDATE: City budget to be reworked to reflect deficit (yes, deficit) | The Terminal - Birmingham AL's hub http://www.bhamweekly.com/2009/07/06/birmingham-17-million-deficit-revealed/comment-page-1/#comment-2852 UPDATE: City budget to be reworked to reflect deficit (yes, deficit) | The Terminal - Birmingham AL's hub Tue, 07 Jul 2009 00:48:31 +0000 http://www.bhamweekly.com/?p=6597#comment-2852 [...] Birmingham Weekly has now posted their own story on these recent developments as well as a response from City Council president Carole Smitherman after hearing about the [...] [...] Birmingham Weekly has now posted their own story on these recent developments as well as a response from City Council president Carole Smitherman after hearing about the [...]

]]> By: Kathy http://www.bhamweekly.com/2009/07/06/birmingham-17-million-deficit-revealed/comment-page-1/#comment-2850 Kathy Tue, 07 Jul 2009 00:11:15 +0000 http://www.bhamweekly.com/?p=6597#comment-2850 <i>...the council insisted that the city preserve a fund balance of at least three months operating expenditures, about $104 million. Fund balance is the technical term for the city’s savings.<br><br>Sayler questioned the policy to preserve a fund balance, and the Langford administration has been frustrated with it since taking office in November 2007.</i><br><br>Yeah, because keeping what amounts to a minimal reserve in case of emergency is such a stupid idea. Mr. Sayler really needs to find another line of work. …the council insisted that the city preserve a fund balance of at least three months operating expenditures, about $104 million. Fund balance is the technical term for the city’s savings.

Sayler questioned the policy to preserve a fund balance, and the Langford administration has been frustrated with it since taking office in November 2007.

Yeah, because keeping what amounts to a minimal reserve in case of emergency is such a stupid idea. Mr. Sayler really needs to find another line of work.

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