The Fiscal Year 2015-2016 general fund budget for the City of Monroe that was introduced by the Monroe City Council at Tuesday’s meeting was either $1 million or $2 million MORE than that proposed by Mayor Jamie Mayo, according to budget documents reviewed by Lincoln Parish News Online.
Ever since the council budget was revealed, Mayo has been baying that it would be “catastrophic” to the city’s operations. Also, city department heads flocked to the Tuesday meeting and one after the other caterwauled that their departments would be crippled from “cuts” if the Mayo budget wasn’t adopted.
Either they don’t know how to read a spreadsheet, or they were dissembling.
According to the council’s general fund summary, the Mayo budget predicts revenues of $59,094,042.00, and expenditures of $59,125,076.00. The council budgeted $60,094,842.00 in revenue, with the same amount of expenditures, about $1 million more.
A footnote says all the figures for 2014, 2015, and departmental requests for 2016 were supplied by the administration.
However, the Mayo budget general fund summary that was supplied in the information packet for Tuesday’s meeting showed projected revenues of $58,058,028.00 and expenditures of $56,486,746.00, or $2 million less in revenues and $4 million less in expenditures.
See here the complete council budget document.
Of course, you’ll never see this analysis in The (Monroe, LA) News Star, as their fiscal stupidity is legendary.