City avoids layoffs with new budget

Note: Most newspaper content reprinted here is incomplete and delayed. Want it all? Sooner? You can subscribe to our full print and online editions by calling (559) 674-4207 and get both editions for the price of one!

webmaster | 08/17/12
Author(s): 

In a nearly empty room and with little fanfare, the Madera City Council voted unanimously to approve the hard wrought and nearly balanced 2012-2013 city budget Wednesday night.

The City of Madera had been facing layoffs and a $1.3 million projected operating loss.

To the relief of many, the new $25 million operating budget agreement managed to avoid any layoffs, and had a roughly half a million dollar projected gap — which, according to authorities, is manageable and can be covered by current and projected cash reserves.

The budget is the product of lengthy and sometimes contentious negotiations with employee bargaining groups in May and June when pink slips went out and city management began asking for increases in retirement and health care contributions by city workers...

 

comments powered by Disqus