TAYLORVILLE, Ill. (WCIA) — City leaders are working to clear up a big budget problem. A recent audit shows a deficit of $432,000.
Larry Budd is an alderman and the finance chair. He says several issues contributed to the current problem.
“Overtime was high last year. The wages were up. The IMRF pension fund was up.”
He proposed some solutions.
“Proposed that we put a freeze on equipment and on hiring.”
But, those options were turned down at a finance meeting this week. Mayor Bruce Barry says the city does have a plan.
“We’re going to cut back on spending. We’re waiting on some payments from the state, the ones with the motor fuel tax, so really, although it sounds bad, we’re not in that bad of shape.”
The mayor says they bought three police cars in the past year, but they also spent money developing a TIF district. After the finance meeting, the mayor and aldermen met with superintendents, the police and fire departments about cutting expenses and overtime.
“We’ll look strong at our numbers her e in the next few days and we’ll see where we can make some cuts, but I don’t see any reduction in service at all.”
The mayor is optimistic developments from the TIF district, the new St. Mary’s Hospital they broke ground on and new restaurants will push the city forward in years to come.
“This is an opportunity to watch Taylorville grow and we will grow.”
They mayor says they do not plan on a hiring freeze or cutting any jobs to fix the budget.