city budget en Cincinnati budgets presentations starting sooner rather than later <p>Cincinnati budget officials are working to put together the city's spending plan for the next fiscal year.&nbsp; Department heads will likely begin making presentations to Council about their budgets in two weeks. &nbsp;<br /><br />Budget and Finance Committee Chairman Charlie Winburn had suggested those half hour presentations start at the end of May.&nbsp; But council members wanted more time for the process so the schedule was changed.<br /><br />Council member Kevin Flynn asked for the additional time.&nbsp; He said the previous schedule was not aggressive enough.<br /> Mon, 14 Apr 2014 14:56:37 +0000 Jay Hanselman 25475 at Can Cincinnati Balance its Budget? <p></p><p> Sun, 23 Feb 2014 12:30:05 +0000 Jay Hanselman 23463 at Can Cincinnati Balance its Budget? Cincinnati getting ready for meetings with bond agencies <p>Cincinnati officials will be meeting with bond rating agencies next month to essentially determine the city's credit score for the coming year.&nbsp; That bond rating determines how much it will cost the city to borrow money.&nbsp;</p><p>Council Member Kevin Flynn said the process and the rating is important.</p><p>"Even if it's a quarter point, we're talking substantial dollars here if we get a reduction," Flynn said.</p><p>Right now the city's bond rating is AA, which is a step below the best of AAA.&nbsp; City officials want to maintain the current rating.&nbsp;</p> Tue, 04 Feb 2014 01:09:08 +0000 Jay Hanselman 22656 at Cincinnati projected deficit for FY2015 is $16 million <p>Cincinnati officials are showing a nearly $16 million General Fund deficit for the next budget year starting July 1st.</p><p>The information is contained in a tentative tax budget city council's Budget and Finance Committee will consider during a public hearing on January 6th.&nbsp; The document must be provided to the Hamilton County Auditor by January 20th.&nbsp; That office will use it to set the property tax millage rate for 2015 based on estimated property valuation.</p> Wed, 18 Dec 2013 12:51:29 +0000 Jay Hanselman 20924 at Cincinnati projected deficit for FY2015 is $16 million Cincy Council majority ready to restore some budget cuts <p>Six Cincinnati Council Members are ready to restore about $4 million to the recently approved city budget after better than anticipated revenue collections for May and June. &nbsp;<br><br>The funds will be used for things like recreation, parks, human services and the health department.&nbsp; Council Member Laure Quinlivan said there's added money for parks too, which was a popular topic during public hearings in May.<br> Tue, 30 Jul 2013 16:01:09 +0000 Jay Hanselman 15568 at Cincy Council majority ready to restore some budget cuts