May 24, 2012 - 5:51pm
Louisville Mayor proposes balanced city budget
“Louisville is one of the best cities in the world and it deserves the best city government in the world – best at economic development, best at protecting our citizens, best at responding to emergencies,” Fischer said. “This budget helps us start to achieve those goals and sets us on the right course.”
Back in January, we reported that Louisville’s new mayor, Greg Fischer, was projecting a $12 million deficit in the current fiscal year ending June 30, and a $20-30 million deficit in next fiscal year.  At that time, the mayor said:  "There have been some cities that declared...
January 24, 2012 - 10:00pm
The Mayor protests...
"There have been some cities that declared bankruptcy. There are others that are teetering on the edge of bankruptcy. We are not going to allow that to happen her in our city. So we have to take action."
Louisville’s new mayor, Greg Fischer, released a report today, indicating that taxpayers spend nearly $14 million a year on unplanned overtime pay for city workers; some of which can be reduced with better management and long-term changes to union contracts.  This is significant, since...
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