Editor’s note: The following proposals by Oak Ridge City Council member Chuck Hope were first considered at the Monday, May 13, City Council meeting but postponed to a special meeting at 5 p.m. Thursday, May 16, in the Municipal Building Courtroom.
I would like to make a motion for an amendment to the ordinance to provide revenue for municipal purposes for the fiscal year beginning July 1, 2013, to increase the funding in the general fund in three critical areas.
The first area is in economic development. I would like to increase funding by $200,000 to strengthen our economic strategies that the city manager has proposed for the upcoming year. I would like to see an additional $75,000 be added to the Oak Ridge Chamber of Commerce contract to fully fund the three-part approach the city manager has developed, with the remaining $125,000 set aside to be used if any additional projects come forward this next calendar year.
The second part of this amendment would be to add $250,000 to the capital maintenance portion of our maintenance and operations (M&O) budget. We have several projects that will need to be updated and repaired this next year. If put off until further in the future, we will be doing these projects under a emergency situation, which always cost us more in repairs. It is essential that we maintain a proper M&O budget so we can get the most out of all of our city assets. [Read more…]