08-29-11
Buffalo News reported that the council was given a capitol project list by the city treasurer that needs to be addressed during the upcoming budget process.
The city needs to borrow big money for big projects, City Treasurer Michael E. White said last week.
White said he’s got a list of more than $5 million worth of urgent purchases and repairs, and he said he wants the Common Council to decide how much it wants to approve before it passes the 2012 budget.
That’s so the amount of principal and interest payments can be inserted into the final version of the spending plan, on which the Council is scheduled to vote Oct. 5.
“It probably would be the most opportune time to borrow in a long time,” White said, pointing to the low interest rate environment dictated by the Federal Reserve Board.
08-25-11
“We haven’t been to the bond market in four years, and in that time the city’s credit rating has improved,” Mayor Michael W. Tucker said...
It's here already. The city budget is the perfect way to kill time between Labor Day and Halloween. Being a mayoral election year, it should be even more entertaining even if it is at the cost of actually accomplishing something. The Buffalo News reported:
Common Council President Richelle J. Pasceri said Wednesday that the Council will begin work on the 2012 city budget Sept. 7
I'll do my best to track everything here.
The City Charter requires the Council to vote on the spending plan at its first regular meeting in October, which this year falls on Oct. 5.
3 comments:
You didn't quote the part of the article where our "city engineer" Allen (I thought the state told us we couldn't use that title since he is not an engineer) said he would be hiring outside (real) engineers to examine the roofs.
So far he has given almost all this outside engineering work to his buddies in Buffalo, do you think he will even let the local Lockport firms bid on this?
I believe they can use the term "acting" city engineer. The "PE" requirement is in the city charter.
Even if he were a NY licensed PE it would not ensure his specialty would be in roof structures and outside specialist would be called in anyways to access and propose options. And if it was, I doubt he'd have the time to design it, create a drawing package, etc.
As for Lockport firms, are any mentioning unfair treatment?
Wow - if the PE requirement is in the city charter then how does Allen keep the job? Is it the same way he kept the job for 5 years before he finally moved in to the city despite the residency requirement?
Post a Comment
Please be be respectful. Diverse opinions are welcome and encouraged. Trolling/baiting/personal attacks/spam will be deleted on sight, as will respnding to one that has yet to be deleted. Do not encourage the behavior.