Another $491,000 in city belt tightening on its way

Lori Carlson — Tue, 22 Apr 2008 09:45:17 -0500

By Lori Carlson, Editor

Eight months after agreeing to $200,000 in budget reductions to make up for a lack of anticipated building-permit revenues, Prior Lake city leaders agreed Monday to another $491,000 in budget trimming for the current year.

The most recent budget offset includes $185,000 from the city's reserve contingency, which drains that fund balance completely.

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Another $491,000 in city belt tightening on its way