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By Dan Rudy 

Big expenditures outweigh revenues in new budget

 


Wrangell's Assembly reviewed a first draft of its Fiscal Year 2018 budget Tuesday evening, during a workshop and public hearing session.

Finance director Lee Burgess presented the 43-page document, prefacing it with an overview of the city's financial situation and upcoming budgetary needs.

Burgess notes that this year's draft budget is not a balanced one, in terms of revenues versus expenditures. Some critical capital projects are anticipated, the largest being Shoemaker Bay Harbor's facilities replacement. More than $6 million that will have to be raised from a combination of Harbor Depar...



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