The Chillicothe City Council continued work on their 2013 budget during an open workshop this week.  Click to hear KMZU’s Kristie Cross talk to City Administrator Ike Holland:

Ike Holland

According to officials, they are planning conservatively. “We basically programmed in a minimum 2% reduction in revenue, “said Holland, “Now, each line item was examined and there were a few that were a bit more than 2%.  For example, some of our investments such as the revenue from our bank accounts have dramatically dropped more than 10% so that was factored in.”

The revenue reduction anticipated this year doesn’t change Holland’s opinion that the new water park and hospital facility were a step in the right direction.  “The reduction goes towards operational, “said Holland,” If you remember, Chilli Bay is funded by a park sales tax and that money is already in place and will go out over the next 10 years.  The same is true with the hospital.  It is funded through revenue bonds.”

The city’s projected $25 million budget this year is a decrease from last year’s $41 million.  Council will approve the final numbers during their March 25th meeting.