JACKSON, Wyo. — Town manager Larry Pardee admitted it was the first budget amendment ever that featured a decrease when the town council agreed Monday to accept a budget resolution to trim $2.7M from the final two months of the FY2020 budget.
The amount in savings was a result of nifty number-crunching by town accountant Kelly Thompson, who was able to reduce expenditures and shuffle funds in nearly every department in light of reduced revenues already taking a toll on local governments throughout Wyoming.
“We’ve had to rethink who we are, how we operate, and how we spend money and collect revenues. The world has changed overnight and we need to reassess, quickly,” Pardee told the council Monday night.
To get to June 30 in solvency without pay reductions or layoffs other than seasonal START employees and others who would have likely had little work in the off-season was an “extraordinary feat,” in the words of councilman Jonathan Schechter.
“It took an incredible commitment of the staff to do what it takes to help serve [the town council] and the community. Next year will be even a bigger challenge,” Pardee said.
Substantial reductions in lodging and sales tax is expected to hit the town hard in FY2021, which begins July 1, 2020. Budget talks will dominate the month of June coming up.
Actions taken for the remainder of FY20 include:
Actions currently being considered by Town Manager for remainder of FY20 include:
JACKSON, Wyo. — An upcoming meeting of the Teton County School District #1 Board of… Read More
WYOMING — Hundreds of earthquakes happen in Wyoming every year. While most occur in remote… Read More
JACKSON, Wyo. — Isaac Hayden is an understated Teton County songwriter that chased his dream… Read More
GILLETTE, Wyo. (AP) — A federal court said it would uphold a Federal Trade Commission… Read More