Third Party Funding proposed to be cut by 15 percent for next fiscal year in Riverton
(Riverton, Wyo.) – The Riverton City Council will begin consideration of third party funding requests at its work session on Tuesday night at City Hall.
In a memo to the city council, City Administrator Steven Weaver said the city currently has nine contracts with outside agencies to provide services for the city. He also noted that city staff is anticipating that money will be tight for the 2014-15 Fiscal Year that begins in July, primarily because sales tax revenues have been running about 10 percent lower than anticipated. “In order to make our budget balance, we are proposing to cut all contract for services by 15 percent,” he said in the memo. “Last year the city gave $401,020 in contract for services. Staff is proposing $340,867 for the next fiscal year…”
Weaver said the council has the ability to change the amount awarded to the various agencies, but he said whatever they decide to do, “that we still end up with the bottom-line number of $340,867.”
The funding request is the only item up for discussion at the work session, which begins at 7 p.m. at City Hall’s Council Chambers.
The chart below indicates the current and proposed funding for the nine agencies: