Havre Daily News - News you can use

City finance committee submits budget fix

 

August 9, 2002



The Havre City Council and one of its committees met Thursday night, both in an attempt to iron out the $139,200 budget shortfall the city faces for the year.

The city's budget problems come from a state law which restricts the amount of money they can levy in taxes for one year, Lowell Swenson, city finance director said today. If the finance committee's proposals get council approval, the reported budget shortfall will be eliminated.

At the Council meeting, the group transferred $88,000 from a backup fund into the general fund, putting a major dent in the budget shortfall. This special me...



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