FortBendNow: Budget Crisis Continues In Missouri City...-click the title link for more--

"...Council decided earlier this year to drop a proposed homestead exemption from the May election ballot ..."


MCC comment: What was kept out of the report was the massive borrowing from "contingency" funds ("slipped" bond monies--repurposed monies) that has been going on under this administration over the past 3 budget cycles to give the appearance of balanced budgets, while they fund a rather large debt service portion of the operations budget.

FB Sun update includes more borrowing from the "fund balance" (contingency funds):

"The city proposes to use $778,000 from its fund balance, with $500,000 set aside in reserves for unanticipated or any unplanned expenditures, such as a natural disaster, or other unforeseen need, according to Simpson."

http://www.hcnonline.com/articles/2010/06/09/fort_bend_sun/news/sws_-_mc_proposed_budget_78.txt