Cash COW!

Tonight the City Council is scheduled to meet at 7:00 pm for a City Council COW budget review. The agenda (.pdf) for the meeting includes a closed session to discuss collective negotiating matters and approval of an ordinance to reserve the City's volume cap. Reserving the City's volume cap is explained in a memo (.pdf) by Finance Director Diane Lembesis as -- "We reserve the volume cap, which is bonding authority given to municipalities by the state. We can either use it ourselves or possibly sell it to a third party for a fee."

Tonight's City Council COW agenda also includes "Review FY 2009/10 Budget." Our sources tell us the City Council will be discussing suggested cuts in order to balance the City budget. However, notably absent from the information posted on the City's web site are any supporting documents for what that agenda item and discussion may entail.

Of course. Why would anyone want to read any supporting documentation discussing cuts or expenditures of City revenue for the coming year's City budget? It's not as if the City Council will be discussing cuts or expenditures that involve taxpayer dollars, and the services taxpayers fund with their dollars.

Of course not -- expecting information like that to be shared with taxpayers is just silly. Though the PRU Crew has been cryptically told our readers may want to keep an extra shovel, reinforced plastic garbage bags, and a supply of rat traps on hand for use throughout the coming year.

We can't wait to find out what that's about.