\GoBillsInDallas/ Posted June 6, 2005 Posted June 6, 2005 'An audit just completed by Hevesi's office projects a $118.4 million budget deficit for the current fiscal year, despite the elimination of 1,500 jobs and severe cuts in programs and services earlier this year. The deficit threatens to grow to $279 million in 2010, auditors said. --- He also cited "misleading and inaccurate budget numbers" that he said overestimated projected sales tax revenues and underestimated the cost of fringe benefits, salaries and other employee costs for 2005. "Erie County has been systematically violating the fundamental rules of responsible financial management," Hevesi said. http://timesunion.com/AspStories/story.asp?storyID=367479
Chalkie Gerzowski Posted June 21, 2005 Posted June 21, 2005 Time to send some pols to be with their friend John Rigas. Either that, or bring back the gallows in Niagara Square.
ExiledInIllinois Posted June 21, 2005 Posted June 21, 2005 But it is okay for the feds to run a budget deficit? In fact it is call good!
Mark VI Posted June 21, 2005 Posted June 21, 2005 I'm sure the State pension fund, Medicaid and Welfare have nothing to do with it. It's all the locals. Keep perpetuating the hysteria.
ExiledInIllinois Posted June 21, 2005 Posted June 21, 2005 I'm sure the State pension fund, Medicaid and Welfare have nothing to do with it. It's all the locals. Keep perpetuating the hysteria. 362969[/snapback] Exactly Mark... On another note: Bill you are gonna love this one... [sarcasm on] I am all for raising BillInNYC's energy bill when they ship power from the falls to NYC. Give the locals on the Niagara Frontier a break and jack up the electric prices for NYC... Even know the falls isn't in Erie County, they can still help the local area. [/sarcasm off]
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