Tuesday, May 13, 2008

Council Work Session Today 9 a.m. - Noon

Today, the council meets in Room 305 for a budget work session to discuss:
1. GASB 45 and Other Post-employment Benefits (policy and funding)
2. Personnel Issues
3. The Tax Rate
4. Follow-up on Outstanding Issues

The Government Accounting Standards Board (GASB) 45 represents a substantial commitment of funding by the city, if adopted. Personnel is, of course, another major portion of the budget.

The meeting is open to the public. Your attendance is encouraged. More information concerning last night's council session and the budget will be forthcoming daily.