Tuesday, November 19, 2013
FY 2015 Financial Forecast and Budget Guidance: County Can't Afford Zimmerman's $treetcar
Did you read Barbara Donnellan's FY 2015 FY 2015 Financial Forecast and Budget Guidance Report - Agenda Item 30 at tonight's County Board meeting? We can expect low to moderate growth in revenues between FY 2015 and FY 2020, with increasing costs for schools, for County Government, and for the County Board's pet projects - Artisphere, Aquatic Center, and Zimmerman Streetcar. No mention of where the money would come for the $500 million Zimmerman Streetcar except from the Transportation Fund. Anyway, budget deficit is projected to be $7.7 million for FY 15, increasing substantially every year until at least FY 20. Check out the report at arlingtonva.us.
Ted - also from 2100