Showing posts with label bobyoder. Show all posts
Showing posts with label bobyoder. Show all posts

Sunday, July 11, 2021

OPINION: Virtual Derby Days

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THE CITY OF REDMOND says:  "Redmond Derby Days is canceled this year due to budget reductions approved in the 2021/2022 budget.  Financial impacts resulting from reductions in revenues for events, restrictions on gathering and in-person activities, and extended, and closure of facilities related to related to the pandemic have resulted in staff layoff and reduced or eliminated programming in the 2021. Please contact Christin Everson at ceverson@redmond.gov for more information."  redmond.gov

OPINION:  The City's statement is confusing and worthy of correction. All is not as bad as it appears.

1)  Only 7 staff members were laid off (Parks and Recreation.) They (and an additional full time employee) were hired back.  No other employees were laid off owing to the pandemic.  

2) *Monthly construction tax revenues regularly increase by double digits  

3)  All departments are usually under budget.

-- Bob Yoder, 7/11/2021

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*The City of Redmond's Director of Finance, Ms. Files, gave a very encouraging monthly finance report to council on January 24th.


1.  All city departments are under budget.
2.  Revenues are up 13% owing to one-time revenue from taxes on construction projects.
3.  Expenditures are lower owing to:
        - $3M economic contingency fund adjustment.
        - $6M salary and benefit savings owing to turnover pay.
        - $2M adjustment of one-time project monies in the general fund.

-- Source:  Council Committee of the Whole meeting, 1/24.