Politics & Government
City Cuts Funding to Arnold Chamber of Commerce
Facing an $800,000 budget shortfall, the City of Arnold already cut two police department jobs and withheld 1 percent raises balance the budget, the treasurer said.
The City of Arnold will propose to cut $5,000 in funding for the Arnold Chamber of Commerce in the next fiscal budget.
During the City Council work session at City Hall, at 2101 Jeffco Blvd., on Aug. 11, Treasurer Dan Kroupa said cuts were needed to balance Arnold’s fiscal budget.
Arnold needed to find about $815,000 in savings or cuts to fund the 2011-12 fiscal budget year, Kroupa said.
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The Arnold Police Department cut two part-time positions and municipal employees would forego a 1 percent cost of living adjustment to reduce about $200,000 in city spending, Kroupa said.
Arnold will need to withdraw about $600,000 from cash reserves to fund the city’s operations for the next 12 months, Kroupa said.
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Council members will vote to approve the city's budget and funding for the Chamber of Commerce during the city council meeting at City Hall at 7 p.m. Thursday.
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