Richmond may avoid budget cuts
Submitted by News Desk on Thu, 02/21/2008 - 10:00pm
Source:
Finance director optimistic, touts strong financial position
Despite a depressed housing market and economy, the city of Richmond is expected to survive this fiscal year relatively unscathed and without budget cuts.
Conservative revenue estimates, improved financial controls and a healthy reserve have paved the way for the city's financial stability, Finance Director Jim Goins said.
Despite a depressed housing market and economy, the city of Richmond is expected to survive this fiscal year relatively unscathed and without budget cuts.
Conservative revenue estimates, improved financial controls and a healthy reserve have paved the way for the city's financial stability, Finance Director Jim Goins said.
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