Thursday, August 4, 2011 at 1:19 pm (Updated: October 7, 1:04 pm)
TAXPAYERS! It is time for a little clarification to the public and public officials.
Over the past few years, we have had a tremendous budget shortfall that resulted in the previous commissioners being forced to adopt a deficit budget.
According to Wikipedia, a budget (from old French bougette, purse) is a list of all planned expenses and revenues. It is a plan for saving and spending. This deficit budget means that we had to plan to spend about $2 million more than we take in.
Now for clarification, this happened for several reasons.
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