Koenigs questions premise for budget preparation
Councilor Don Koenigs led the charge as he questioned how the city budget was being prepared and offered some proposals of his own.
Koenigs suggested that the city manager should establish his budget at only 90% of expected revenues, rather than provide a balanced budget, with expenditures no greater than revenues.
“We should maybe operate at 90% of our revenue. We have pretty good reserves now, but they’re not what they should be,” Koenigs noted.
City Manager Steve Giesbrecht responded that this is his first year to prepare the city’s budget and he told Koenigs it might be better...