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Posted: 6:43 a.m. Thursday, June 30, 2011
By Kevin Rincon
Jacksonville, FL —
Mayor-Elect Alvin Brown gets sworn-in Friday morning at 9:30. From there he has less than two weeks to present a budget to the City Council.
The budget for fiscal year 2012 has to be in by July 14. Brown’s Budget and Finance transition committee has been looking at the budget already figuring out where to make cuts, not if they should make them.
That committee has met twice and their focus as outlined by Alvin Brown, getting the city’s fiscal house in order, jobs and economic development, education and public safety.
As of right now the 2012 budget is $66-million in the red.
The Co-Chairman of the Budget and Finance transition committee Charlie Appleby says in the 2012 budget expenditures totaling $250-million are mandatory obligations. Of that $100-million is related to pension obligations and then another $100-million for debt service and $24-million for Shands.
This week City Council almost passed a pension reform plan for Police and Fire but that vote had to be delayed. The city needs the states approval before moving forward. The plan negotiated between Mayor Peyton’s administration and the police and fire pension board is estimated to save $750-million over 35 years.
Mayor-Elect Brown could go back to the police and fire pension board and negotiate even more changes.
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