City to Tighten Belt Following Fallen Revenues

By Staff

Lower than expected revenues have the City of Cheyenne tightening its belt. Mayor Rick Kaysen said revenues are down about 300 thousand dollars from projections through the first four month of the fiscal year, but Kaysen said expenditures are more than 900 dollars below forecast, which will really help the bottom line. Kaysen said in the face of the decline in revenues the city will begin cost saving measures.

Kaysen said expenditures are well below forecast, so budget cuts aren’t expected at this time and layoffs aren’t on the table.

Kaysen said the city will also review all future equipment purchases.