projected budget

Government
7:57 am
Wed April 18, 2012

Paducah Commissioners get Budget Preview

Paducah City Commissioners got an overview of the projected budget for the next fiscal year at last night’s meeting.  City Manager Jeff Pederson says the coming year will be challenging because revenues will likely be flat.  The city is seeing a slight increase due a rise in the payroll tax, but those gains are offset by declines in the insurance premium tax.  Pederson says he expects General Fund revenue gains to only be about 1 percent over last year.  However, several expenditures are also expected to rise.  They include employee wage increases, fuel and insurance costs, and mandated con

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