NEW ALBANY, Ind. (WHAS11) – Floyd County Council Members passed their 2014 budget on Tuesday night with a $2.9 million dollar shortfall.
The county had already cut 25% in services and supplies for departments last week and with other concessions the expenses for next year are now under $12 million dollars, but they only expect to bring in $8.5 million dollars in property tax revenue.
With a deadline approaching, the council approved the budget to send off to the state knowing it likely won’t be approved, but they’re hoping in the meantime they can buy some time to find more funds.
“There’s a committee and they want to sell some assets, but like I said you can't sell assets to get out of the this mess,” Council President John Schellenberger said.
Other council members warned there could be more cuts in the future when the state gets back to the county on being over budget, likely in February. At that point, the council will have to close the budget gap. County workers are concerned about layoffs.
“Without these employees they wouldn’t have a budget to fight over anyways,” Cheryl Mills said.