Addressing $10 million budget shortfall, Pearland to consider reallocating federal grant funds, debt restructuring
Pearland Mayor Kevin Cole, shown speaking at a event in the spring, says he wants the city to make the right steps to address a $10 million revenue shortfall caused by overvaluation of property values by $1.3 billion.caused when property appraisals for the Harris County portion of the city were erroneously inflated by $1.3 billion.
“My thought was, let’s slow down, understand what happened and not have a knee-jerk reaction to it, and let’s make a plan that makes sense,” he said. The city says Pearland employees' salaries won't be impacted and that the issue will not disrupt planned timelines for hiring new employees.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
JaxPort seeks $10 million from city for raising JEA power lines across St. Johns RiverJacksonville City Council will vote on $10 million as city's share for raising power lines so they don't block mega-ships calling on port.
Weiterlesen »
Ohio man charged with $10 million cryptocurrency fraud schemeRathnakishore Giri, 27, has a history of defrauding investors, the Justice Department alleged.
Weiterlesen »
Oak Lawn OKs $10 million lawsuit settlement stemming from hit-and-run involving retired village managerOak Lawn will pay $10 million to settle a lawsuit stemming from a 2019 hit-and-run crash in which Larry Deetjen, at the time village manager, struck a man with his village vehicle.
Weiterlesen »
Volvo Group Awarded $10 Million To Electrify Transportation In South BronxVolvo Group North America today announced that it received a $10 million award from NYSERDA to introduce clean transportation solutions to Hunts Point in the South Bronx.
Weiterlesen »
Southwest Suburb Will Pay $10M to Settle Hit-And-Run LawsuitA southwest suburb of Chicago will pay $10 million to settle a lawsuit stemming from a 2019 hit-and-run crash in which the village’s then-manager struck and critically injured a pedestrian with his municipal vehicle.
Weiterlesen »
South Suburb Will Pay $10M to Settle Hit-and-Run LawsuitA Chicago suburb will pay $10 million to settle a lawsuit stemming from a 2019 hit-and-run crash in which the village’s then-manager struck and critically injured a pedestrian with his municipal vehicle. The Oak Lawn Village Board approved the settlement on Nov. 8, resolving a lawsuit that was filed in January 2020 on behalf of Mark Berkshire, 51. The settlement…
Weiterlesen »