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2018 Proj: $1.4M More Spending than Revenues

Printed From: Main Street Monroe
Category: Voice Forums
Forum Name: The Voice
Forum Description: Monroe, Ohio news, information and opinions
Printed Date: Oct 16 2018 at 12:47am

Topic: 2018 Proj: $1.4M More Spending than Revenues
Posted By: Monroe News
Subject: 2018 Proj: $1.4M More Spending than Revenues
Date Posted: Dec 06 2017 at 11:13am

According to Ed Richter, staff writer for the Journal News, Monroe’s five-year financial forecast projects more than $14.9 million in spending and about $13.5 million in revenues for 2018. 

The $5.28 million in carryover from 2017 will be cut by well over a million dollars due to spending more than what the city brings in.
" we grow, we need to up our fund balance reserve. We try to equal 25-30% of expenses so that we have a cushion for downturns or collection timing issues." Councilmember Suzi Rubin

City Manager Bill Brock said the 2018 budget priorities will focus on:

Evaluating" rel="nofollow - staffing needs in the police and fire departments. Brock said the city is looking to add police officers, looking at the city’s dispatching needs, adding staff for public works and parks, hiring a fire administrative assistant, and additional help in the income tax department.

Facilities planning for a new police facility and expansion of the public works facility. Council approved the purchase of a building adjacent to the public works facility at its Nov. 14 meeting. Brock said the city is looking at a new police facility as the growing department has overgrown its space in the city building. He said land for the police facility will need to be identified.

Parks and Recreation will continue the facilities planning to include the future development and improvements of Baker Sports Complex, Community Park, the former Americana amusement park and bike trails.

Monroe, Ohio Breaking News

Posted By: John Beagle
Date Posted: Dec 07 2017 at 12:27pm
I'm not sure if this is a one year anomaly or if council will continue to spend more than it takes in. As residents of Monroe we need to step up and find out what is going on regarding growth of city spending vs revenues.

The privilege of a lifetime is being who you are.
-Joseph Campbell

Posted By: MElass
Date Posted: Dec 07 2017 at 4:12pm
I think you are right. Seems the city jumped in pretty quickly after the tax vote to request new personnel. The tax increase was sold as a way to finance Public Safety (Police and Fire) and "infrastucture"???
Of the 41 positions for hire I saw listed, 26 appeared to be ADMINISTRATIVE( including City Manager, Assistant City Manager and assistant to the City Manager (really????). 9 listed as "OUTSIDE FORCE". Would that be "infrastructure"? Of those 1 is "Chief" and 1 admin.   8 listed as POlICE. 1 Chief (don't we have a Police Chief?) and 1 admin.   8 listed as Fire 1 Chief ( again don't we have a FireChief?) 1 Admin.
So......How much of the tax increase will go to Public Safety/ Infrastructure?? And how much to Administration????????
Were we " hoodwinked"????

Posted By: Houndog
Date Posted: Dec 07 2017 at 7:24pm
Actually following the federal lead. This is a fiscally conservative move on our city’s part.


Posted By: MElass
Date Posted: Dec 07 2017 at 10:37pm
By my count, it looks like we passed a "Public
Safety" tax bill to hire 6 new police officers and 6 new firefighters. (Plus a bunch of managers, directors,
"Chiefs" and their assistants) I sure do feel a while lot ( of money) safer now.

Posted By: John Beagle
Date Posted: Dec 08 2017 at 9:28am
I am not sure if this is a fair characterization of what is going on fiscally with the city. One year does not a trend make. Let's keep an eye on things and if they bring their accounts into balance or god forbid have a surplus, well that is good news for taxpayers.

In some cities and states (not many) revenues are so good that tax rates actually went down. 

Four states — Delaware New Hampshire, Montana, Oregon — don't have sales tax. Other than those states, Alaska has the lowest rate (1.69 percent), followed by Hawaii (4.35 percent), Wisconsin (5.43 percent), Wyoming (5.49 percent), and Maine (5.50 percent).Nov 21, 2014

Here are 10 cities with the highest tax rates:
Seattle, WA – 9.6%
Oakland, CA – 9.5%
Chicago, IL – 9.25% (10.25% as of Jan. 1, 2016)
Memphis, TN – 9.25%
Nashville, TN – 9.25%
Los Angeles, CA – 9.0%
Long Beach, CA – 9.0%
New Orleans, LA – 9.0%
New York, NY – 8.88%
San Jose, CA – 8.75% (tie)
San Francisco, CA – 8.75% (tie)

The privilege of a lifetime is being who you are.
-Joseph Campbell

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