As mayor seeks more cuts, some are asking: “Where is the money going?”
Posted: May 3, 2010 - 1:51am
By Matt Galnor
Every spring since Mayor John Peyton took office, the words “budget shortfall” ring from City Hall as Jacksonville leaders try to craft a spending plan for the next year.
Yet every fall, when the City Council signs off on the budget, it’s more than the previous year.
Since Mayor John Peyton took office in 2003, the city’s annual revenue has ballooned $265 million, records show.
But expenses, Peyton counters, have gone up even more — annual pension contributions have doubled, and health insurance costs have double-digit percentage increases about every year.
