Tuesday, May 26, 2015

Mayor Vetoes Budgeting Policy Change

Back in March during a study session, Ft. Smith Board of Directors had requested a change in the budgeting policy.  Currently, the previous year's ending balance is used to help balance the present year's budget.  Board members voted on May 19, in a 4-2 vote, to adopt a new budgeting policy, which will be a major change.  Mayor Sandy Sanders lobbied against it.

Sanders later vetoed the vote.  In an email to the directors, he explained his motives.  San- ders described the current procedure as "providing a conservative and responsible balanced budget."  This is Sanders' second veto since taking office in 2011.

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