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:
“The United States is the only great nation whose government is operated without a budget. The fact is to be the more striking when it is considered that budgets and budget procedures are the outgrowth of democratic doctrines and have an important part in developing the modern constitutional rights.... The constitutional purpose of a budget is to make government responsive to public opinion and responsible for its acts.”
—William Howard Taft (1857–1930)