Councilman Lenz on the Budget
His first observations are about the 3MM surplus and there being some unknown issues and how the State dictates these be accounted for and “things coming up.” Mentions the next year projected looks better in present than what it is when you get there. Talks about the pension impact, said 10% increased due to pension costs totalled in at the end.
– Fiscal Monitor is playing the role normally a mayor would typically play.
– It’s the beginning and the public and City Council will play a big role.