Albany Budget
Albany has a strong-mayor form of government in which the city legislature (the Common Council) can vote on the budget, but a two-thirds majority is needed to override any disagreement with the Mayor. Albany's 2008 budget of $161.8 million was criticized for significant borrowing from reserves to bring it into balance. In 2007, the Common Council voted 9-6 to support the mayor's budget, although no cost-cutting measures were proposed or adopted.
Read more about this topic: Gerald Jennings
Famous quotes containing the word budget:
“We might come closer to balancing the Budget if all of us lived closer to the Commandments and the Golden Rule.”
—Ronald Reagan (b. 1911)