One thought on “Board of Finance Chair: Budget Planning Amid Economic Headwinds

  1. Thank you Todd for your leadership. Keeping the budget flat deserves our thanks.
    You say “With a lower base to operate from, we can safely add debt for key capital projects” While rates are momentarily low Goldman Sachs is projecting rates to peak in Q3 at 6.5%, much higher than current levels. Given that we just received $15 million in ARPA funds for capital projects why do you think it’s necessary to add (bonding debt) beyond the current $95 million levels? Increases in health care and labor should be reflected in the operating budget. Maybe I misunderstood.

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