The Morris Daily Herald reported that a tentative budget for the next fiscal year was presented to the city council. Mike Farrell, who seldom misses an opportunity to disguise editorial as news, reports the story under the misleading headline, "Morris Finances Strong."
But read past Farrell's ill-fitting headline (thanks for your opinion, Mike), and we find the following tidbit:
"Revenues for the fiscal year are estimated at $25 million and expenses at $46.7 million."
According to my math, this would be $21.7 million of deficit spending in the upcoming fiscal year. Read on a little further, and we find this:
"Costs related to Community Landfill closure, including attorney's fees, are estimated at $670,000."
And this is only for one fiscal year. It looks like it will be another banner year for the lawyers feeding at the City of Morris public trough.
Morris Herald article
