Wednesday, August 20, 2014

Ketchum gives second nod to 2015 budget

Revisions to Mountain Rides, Fire Department maintained

Express Staff Writer

    The Ketchum City Council unanimously approved the second reading of its upcoming fiscal year 2015 budget Monday, Aug. 18.
    During the first reading on Aug. 4, the council made a few changes to the mayor’s initial fiscal year 2015 budget. Without transfers, the total budget is $15,861,777, according to City Clerk and Treasurer Sandra Cady. That figure includes receipts from a new 1 percent local-option tax to support air service.
    At the Aug. 4 meeting, council members voted to increase the allotment for the Community Development Corp.’s Ketchum Innovation Center from $42,000 to $70,000. The approximate $28,000 increase was split from reserve funds and the contingency fund, Cady said.
    The city also voted to approve the salaries for three full-time firefighters, and increased the Mountain Rides budget from $500,000 to $550,000, during the Aug. 4 meeting.
    Also approved were 2 percent salary raises for all city employees, except firefighters, who will get a 3.8 percent raise over a two-year period.
    Public comment will be allowed at the final reading on Aug. 26 at 5:30 p.m. at Ketchum City Hall before the council members vote to approve the budget. Following the Aug. 4 meeting, the council can only lower figures within the proposed budget, Cady said.
The new fiscal year starts Oct. 1.
Amy Busek:

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