Budget Letter from City Manager City of Coral Gables
July 13, 2011 Leave a comment
This is the budget transmittal letter of the city manager, summarizing the 2011-2012 budget proposal for the city of Coral Gables.
It’s Budget Time for Coral Gables
July 13, 2011 Leave a comment
The Miami Herald reviews the budget proposal.
Are here is the new budget:
http://www.citybeautiful.net/CGWeb/documents/finance_docs/CCG_Budget_2011-2012.pdf
Here is the page with the previous budget documents and annual reports of the city:
http://www.coralgables.com/CGWeb/dep_documents.aspx?DeptID=DeptID16
Middle Class Can’t Afford More Taxes
July 13, 2011 Leave a comment
Good quick summary of the destruction of the wealth and income of the middle class.
Coral Gables Note: Unfunded Pension Liabilities Will Increase
July 12, 2011 Leave a comment
The current slow patch in financial markets is likely to increase pension liabilities for Coral Gables with the decline or slowdown in returns of pension investments. In any case, the unfunded pension liability is about $2oo million and the city has elected to make the minimum necessary contribution in the next budget cycle. Rather the city prefers to increase its debt and expand capital spending, rather than try to deal with its big liabilities.
Are you sure that Mayor Slesnick was defeated?
Coral Gables Watch 