Commissioners Pledge Conservative City Budget for 2020-2021
Last updated 6/10/2020 at 8:52am
Lake Wales Finance Director Dorothy Abbott tried to calm commissioners' fears at the first 2020-2021 city budget workshop June 3. She said she's been preparing city budgets for 19 years and if she's not panicking over the likelihood of reduced revenue, neither should they.
"Everybody just stay calm, tell us what you would like to see and trust your staff to bring back a budget document," Abbott said. "If I'm not too worried yet, please don't be too worried yet."
Abbott said she expects decreased revenue for probably the next two years before the economy reaches a "new normal." Growth the l...