Statement
Statement by County Executive Ike Leggett on Council Announcement of FY16 Operating Budget
For Immediate Release: Thursday 14 May
“I appreciate the hard work of the Council, reflected in the tentative FY16 Operating Budget announced today.
“Unfortunately the Council opted to reduce County reserves by over $10 million to fund its reconciliation list. This is imprudent given the significant challenges facing the County in the coming years including a potential adverse decision in the Wynne income tax case, rising costs, and reduced state aid for education and makes it more likely that the County may have to increase property taxes over the next few years, implement unprecedented service reductions – or both.”
Release ID: 15-007