City begins examination of 2010 budget

September 3, 2009

By Staff

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Newcastle has started taking a close look at its 2010 budget. At the Sept. 1 study session that preceded the City Council meeting, Director of Finance Christine Olson presented the council with the 2010 budget calendar as well as an updated financial forecast for 2010 to 2015.
The first public hearing for the 2010 budget will be at the Sept. 15 City Council meeting. On Oct. 20, Olson will present a working draft of the 2010 budget to the council.
The second public hearing for the 2010 budget will take place at the Nov. 3 study session, as will a public hearing on city revenue sources.
The third public hearing on the 2010 city budget will take place at the Nov. 17 regular City Council meeting, as will a public hearing regarding the 2010 property tax levy. Also at this meeting, the council plans to adopt the property tax levy and levy rate.
Finally, the City Council intends to adopt the final 2010 budget on Dec. 1.

Newcastle has started taking a close look at its 2010 budget. At the Sept. 1 study session that preceded the City Council meeting, Director of Finance Christine Olson presented the council with the 2010 budget calendar as well as an updated financial forecast for 2010 to 2015.The first public hearing for the 2010 budget will be at the Sept. 15 City Council meeting. On Oct. 20, Olson will present a working draft of the 2010 budget to the council.

The second public hearing for the 2010 budget will take place at the Nov. 3 study session, as will a public hearing on city revenue sources.

The third public hearing on the 2010 city budget will take place at the Nov. 17 regular City Council meeting, as will a public hearing regarding the 2010 property tax levy. Also at this meeting, the council plans to adopt the property tax levy and levy rate.

Finally, the City Council intends to adopt the final 2010 budget on Dec. 1.

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