Revenue crunch hits Hubbard; layoffs likely
HUBBARD — City council gave first reading to a proposed budget for 2009 that calls for cuts in spending and personnel.
The city is covered by a volunteer fire department, and the proposed cuts in personnel do not include the police department. A letter from the office of Mayor Arthur Magee detailed the city’s budgetary needs for the year.
The letter informed council the city would be looking at an income tax reduction of about 8 percent based on collections for January and February. The letter also said the city would receive $12,000 less from the state for sales tax revenue.
The city is operating on a quarterly budget based on 2008 revenue. The city must have a full-year budget in place by March 31.
For the complete story, see Tuesday’s Vindicator and Vindy.com
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