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Cost Saving Measures Identified In ACT 47 Plan



About 16 people showed up last night for the meeting held at the Altoona City Council Chambers unveiling the ACT 47 recovery plan.
 
There are 155 suggestions listed in the plan. Some of the things proposed:
 
It would actually save money if the city accelerated it's already underway Street Paving and lighting replacement program as LEDS would save a significant amount of money on electricity and paving more city streets would save a good deal more money than having to replace destroyed streets and roads.

The city should float a $3 Million Bond over 15 years for capital and infrastructure improvements

There should be 4.5% spending reduction in all city departments over 4 years.
 
The city should drop Per Capita and Franchise Taxes because they cost more to collect than they're worth.

The also points out several problems the city faces including
lack of population growth, artificially low property values, 81% of 2012 budget is devoted to personnel, and by the year 2016 the Pension Plan will run out of money.

City Council will vote on the plan December 19th.
 


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