We sure keep hearing about how clever and foresighted North Las Vegas is from the mayor:
somewhat in North Las Vegas due to good planning and pent-up demand for
services. For example, since 2005, the city has put aside about 18
percent of its revenues annually. That compares favorably with the 10
percent reserved by most cities, she said.
Today, North Las Vegas is still setting aside 14 percent of its revenue. (LVBinessPress)
Well, good thing, cuz apparently at the council meetings last Wednesday, which I was unable to attend due to factors having to do with a salary, Nor'Town's hired economic guns and the finance manager scared the bejeebers out of everybody else:
North Las Vegas may need to cut another $7 million from its budget
before next summer because tax revenue and growth-related fees continue
to come in below expectations.
The city’s financial director, Phil Stoeckinger, told City Council
members Wednesday night that the recession and high unemployment likely
will force the city to make corrections in the current fiscal year that
ends June 30, 2010.
That could mean cutting programs and services, renegotiating
concessions with unions and reviewing fees the city charges,
Stoeckinger said. (Sun)
And
A steeper than expected decline Consolidated tax receipts for May were more than 28 percent lower Unemployment in North Las Vegas is at 14.8 percent, compared to 13.1 percent in Las Vegas and 12.5 percent statewide. (RJ)
in revenue at the end of the 2009 fiscal year left the city scrambling
to make up a $14 million shortfall for 2010. The 2010 fiscal year began
July 1.
than a year earlier, the worst decline since at least 1980. It was the
ninth consecutive month of double-digit decline in such revenue for the
city.
So, when was the mayor planning to tap into all that rainy day set-aside money, assuming the city really is still putting as much aside as she claims? Seems a little drizzly out there now, don't it?
But wait! The city's got a plan!
The city will also turn to its employees to brainstorm about ways to
save money. This month, 10-percent of the staff will be randomly
selected to offer their input on where they see waste. The goal is to
save jobs. (LVNow)
Say, maybe one of you city employee's–I see you peeking back there!–ought to review a recent suggestion sent in to the R-J, according to which incumbents who are half-way through a term of office and choose to run for another, must pay for a special election to fill their old seat. (RJ) Why not charge 'em a little extra during hard times, to sweeten up the general fund, too? Why let the campaign war-chest go to waste? Shoot, it's just recycled Casino and Park Highlands/Credit Suisse money anyway.
Apparently the Mayor's also taking a page out of the playbook of Nevada governor and laughing-stock Jim Gibbons, who's been trying to woo California companies to Nevada. (Sun) Yep. Nor'Town will compete well with Californy, what with our highly-educated work force–we do have a Stanford or a UC Berkeley nearby, don't we?–high performance schools for the kiddies, extensive beaches and lush forest land for recreation, plus a vibrant cultural life filled with opera, and first-class museums, and libraries. We DO have all that, right?
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