David Schueller of the Lakeshore Weekly News has an article about the recent special meeting of the Wayzata City Council in which it received a report from the Budget Task Force. Here is a snippet, and a link to the full article:
After asking a distinguished group of residents for advice on its budget woes, the Wayzata City Council heard recommendations from three months of study.
“For many years many of us assumed that there will always be funds available for all the services we have become accustomed to. This is not necessarily the situation going forward,” said John Berg, chairperson of the task force that Mayor Ken Willcox called together after the city ran up against a $300,000 budget shortfall and was forced to make difficult cuts.
The task force delivered its 16 recommendations to the council on Oct. 27.
“This started earlier this year as we on the council got a little nervous about our finances,” Willcox said.
He stopped nothing short of paraphrasing a Warren Buffett quote about the economy.
“When the tide goes out you see who was swimming without a bathing suit,” Willcox said.
Read the full article here: A budget action plan?.
