By Jill Terreri
Mayor Byron Brown is scheduled to release his budget for the year that begins July 1 at 2 p.m. today.
UPDATE: A preview of the budget is here. Brown proposes a slight reduction in taxes and the use of $28 million from city surpluses. The budget calls for no layoffs.
Brown already pledged in his state of the city address in February that he won't raise taxes or assessments in 2014. (Tax rates for residents and businesses have fallen since he was elected.)
But some questions about how he will balance the budget, if indeed he does not raise taxes, will come up:
- Will there be layoffs?
- Will he use the city's surpluses to plug holes?
- Will he sweep from parking or other areas to pay for recurring operating expenses?
- How much slot machine revenue from the Buffalo Creek Casino is the city expecting?
Then there is the question of whether the city will rely on tax increases in the coming years. In addition to the budget, the mayor must also file with the Common Council a four-year plan, which will offer some hints.
The Common Council begins its budget hearings with department heads at 10 a.m. Monday.
taggedByron Brown | City of Buffalo | city spending | Common Council