Baird advises Steubenville City Council on sanitation department budget deficit
What happened
The Steubenville city council reviewed departmental budgets, including sanitation finances, with input from Baird. Baird stated that the sanitation department's fiscal outlook has been declining over the past decade and requires intervention. Baird advised that the department would need a rate increase of $9.20 to reach a break-even point. The city council acknowledged the need to stop operating in deficit.
Why it matters
Baird, a financial services provider, provided advice on the operational finances of the sanitation department in Steubenville. The council is considering measures to stabilize the department's finances, which have been in decline, by either increasing revenue or decreasing expenses.
Who's involved
- SteubenvilleThe municipality whose sanitation department is under review.
- city councilThe legislative body reviewing the departmental budgets.
- BairdThe financial services provider advising on the sanitation department's fiscal outlook.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- SteubenvilleSpeculative
The public in Steubenville might face increased costs for sanitation services if the proposed rate hike is implemented.
Keep exploring
The entities involved
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Steubenville
city in and county seat of Jefferson County, Ohio, United States
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city council
legislative body that governs a city, municipality or local government area
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Baird
financial services provider