PETERSBURG -- The Petersburg School Board must close a nearly $7.78 million gap to balance its budget. Last night, the board received a budget presentation from Finance Director Tracie Coleman and information from City Manager B. David Canada on the numbers for the coming fiscal year.
For the seventh year in a row, the city of Redlands Finance Department has gone above and beyond in its reporting practices and is being recognized for the extra effort. Last week, the city received the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada for its 2008-2009 fiscal year Comprehensive Annual Financial Report.
For the seventh year in a row, the city of Redlands Finance Department has gone above and beyond in its reporting practices and is being recognized for the extra effort. Last week, the city received the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada for its 2008-2009 fiscal year Comprehensive Annual Financial Report.
LA CANADA FLINTRIDGE - Responding to a projected budget decrease for the coming fiscal year, NASA's Jet Propulsion Laboratory said Friday that it was laying off 45 people. This is just a projection, but right now it's about two percent (workforce reduction) over the course of the fiscal year -- that's about 100 employees out of the total 5,000 for the entire year, said Veronica McGregor, a JPL spokeswoman.
PETERSBURG -- Last night, the Petersburg City School Board and City Council met to discuss the possibilities for the upcoming fiscal year's budget. We're looking at a $3.5 million budget shortfall," City Manager B. David Canada said. He added that closing the shortfall in the city's budget will be tough given that no sources of revenue are growing and virtually all are shrinking, including intergovernmental transfers, real estate taxes and sales tax.
For the 11th straight year, West Virginia's Lottery has received national recognition for its financial records. The Government Finance Officers Association of the United States and Canada's award covers lottery operations for the fiscal year that ended June 30, 2007.
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