Kalamazoo budget

9:36 pm
Thu December 12, 2013

Kalamazoo budget discussions highlight effect of early retirements

Early Retirement Incentive was offered to help reduce city's budget deficit
  • Source: Mlive
  • | Via: Kalamazoo Gazette
City Manager Jim Ritsema's proposed 2014 budget includes reductions that would patch a $2.9 milllion deficit in the proposed $143 million budget, including a net decline of 10 citywide positions, mostly through not filling vacancies, and increases in recreation fees, sewer and water fees and inspection fees.
6:41 am
Tue December 3, 2013

Proposed Kalamazoo city budget includes fewer positions

Spending plan includes increases in fees for recreation, sewer and water and inspections
  • Source: Mlive
  • | Via: Kalamazoo Gazette
KALAMAZOO, MI -- Kalamazoo city administration on Monday laid out a plan that will help the city patch a $2.9 million deficit in its proposed $179 million 2014 budget while keeping service levels largely unchanged.
3:26 pm
Mon May 27, 2013

Where will Kalamazoo find additional revenue?

Combination of tax exempt property, no city income tax, part of city's budget problem
The City of Kalamazoo has a revenue problem. The local government does not collect property taxes on a majority of the land within its borders, yet property taxes and intergovernmental contributions account for more than 70 percent of the city's budget.
Read More: http://mibiz.com
8:37 am
Tue May 21, 2013

Kalamazoo faces $2.5-million deficit for 2014

Early retirement program has helped, but deficit remains for variety of reasons
  • Source: Mlive
  • | Via: Kalamazoo Gazette
The city will have to close a $2.5 million structural gap for fiscal year 2014 by increasing revenue and making cuts. In fiscal year 2013, it still falls $0.5 million short in the General Fund, city administration told the Kalamazoo City Commission on Monday in an update to the city's Early Retirement Incentive.

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