Budget Preview
Although it won’t be made public until next Monday, Indianapolis Mayor Greg Ballard says his administration expects to present a balanced budget.
The city was facing a $20 million spending gap, which Ballard says his office has managed to close by doing “common sense business practices that should have been done a long time ago.”
The Mayor says they have also started replenishing the public works fleet and incorporated better accounting methods.
Ballard also says it will be a budget that both Republicans and Democrats will be pleased with.
Last year the city faced a $26 million shortfall in its $1.13 billion, but still managed to have money left over in the bank.
The budget will be formally presented at Monday night’s City-County Council meeting.
