FORT WAYNE, Ind. (Indiana's NewsCenter) -- The City of Fort Wayne unveiled their plan for the 2012 budget.
Mayor Tom Henry (D) is touting flat spending and a balanced budget in 2012. He says it aims to pay down the debt while maintaining vital community services.
Furthermore, the proposal would reduce Fort Wayne's debt by $16 million next year, keeping on pace to pay down 40-percent of the debt by 2015.
All this despite a one-percent property tax cap that's decreasing revenues and a nine-percent reduction in staff over the past decade.
City employees won't be getting raises like last year. The proposal also includes a two-point-nine percent tax levy that will be a point of discussion during budget hearings.
Roller will make a presentation to council members on Tuesday. Hearings will be scheduled and various department heads will make their budget proposals before any voting takes place.
What are your thoughts CLICK HERE to leave us a "Your2Cents” comment.
© Copyright 2014, A Granite Broadcasting Station. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.