The City of Paducah will have a balanced budget next year. Mayor Gayle Kaler and Commissioners conducted a budget workshop last night. City Manager Jeff Pederson started the meeting by going over the draft of the city manager’s budget letter which is the first section of the budget document. Pederson says three full-time positions have been eliminated from the budget through retirement and unfilled vacancies. Personnel costs make up 71.8% of the general fund budget.
The proposed general fund operating expenditures is nearly $31.2 million while the estimated revenue is slightly more than $30.9 million. Cash carry-over from previous years will balance the budget. The budget ordinance will be introduced at the June 11 Commission meeting.