Provided by ABC News
Budget battle looms in city of Watertown
Posted by news on 1/12/2018 4:30:00 AM.
How much should the city of Watertown keep in its so-called 'rainy day' reserve?

Earlier this week, council member Mark Walczyk said the current $11 million in savings is too much of the taxpayers money not being used. This as the City Manager threatens to layoff employees or exceed the tax cap in order to meet budget requirments.
 
Another official told 7 News 20 to 25 percent of the budget should be saved in case city revenues fall from year to year.
 
Fellow lawmaker Cody Horbacz wants to see $8 million to $9 million be kept in reserve.
 
The discreptancy will likely come to a head soon as council will hammer out the new budget while preparing for projects like reviving Thompson Park's pool and building a new state-mandated courthouse.
Watertown, City Council, budget, Thompson Park pool