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Richards to present proposed city budget

Rochester Business Journal
May 17, 2012

Mayor Thomas Richards plans to introduce his proposed 2012-213 budget for the city of Rochester on Friday.

The presentation begins at 11 a.m. in City Council Chambers at City Hall.

Prior to a series of discussions with city residents in March, projections showed expenses exceeding revenues by $40.2 million. A $15.4 million spin-up in state funding reduced the shortfall to $24.8 million.

Richards’ budget proposal subsequently will be voted on by City Council.

(c) 2012 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


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