June 23, 2014

London City Council adopts FY15 budget


The London City Council adopted its fiscal year 2015 budget during a special-called meeting Wednesday.

“I've not received any requests to change any of the lines,” said Mayor Troy Rudder.  

The budget ended up passing with no objections, but the council has agreed to further look into setting up a contingency fund in the case of emergencies.

Council member Dan Phelps suggested that the council further look into the “establishing of this emergency fund we need so bad.”

“It's important that we have a contingency fund to back us up in case of an emergency,” said Phelps.  

Council member Jim Hays would later make a motion to schedule further discuss setting up the fund during the final quarter of this year, a motion that would be carried by other council members.

Rudder agreed with the idea, while saying that funds will be coming from other sources.

“We'll probably be generating a few more funds, especially from the recycling, than what we have here (on the budget),” said Rudder.  Rudder spoke more on the city's recycling efforts.  

“I hope by the end of this budget that we're in that we're in full swing and selling more products and reducing the amount at the dump,” said Rudder.  “If you can reduce a ton of garbage, we're saving $31.”

The mayor said that recycling efforts such as the home pickup from the truck service “should reduce a significant amount of money we've literally been throwing away.”

London averages 75 tons of garbage every day with dumping fees set at $31 per ton.  At one point the city recycled 40 percent of its waste.  That number is now 50 percent, and Mayor Rudder would like to see it go to 70 percent.

Also during Wednesday's meeting, interim Police Chief Derek House requested approval from the city council to auction off property forfeited property seized during arrests by the London Police Department.

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