breaking news
Some aldermen in Pine Bluff say they`re tired
of being surprised about city spending.
So they want to ask the state Division of Legislative Audit to
examine the city`s financial records. The resolution is expected to
be on the agenda for next week`s City Council meeting.
The city of Pine Bluff has been struggling with its budget for a
while. Reserve funds have been used to cover a gap between revenue
and expenses. That gap is projected to reach 8.4 million dollars by the end of 2003.
Now, the reserves are nearly depleted. And the city is seeking a
one-cent sales tax increase in a special election on November
Fourth.
If the tax increase vote fails, city officials are warning of
significant cuts in city personnel and services.
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