The Virginian-Pilot
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NORFOLK
Facing tough financial decisions, the city’s housing authority has delayed its budget process by several weeks.
The Norfolk Redevelopment and Housing Authority must overcome a roughly $4 million gap between its income and projected expenditures to balance its budget for the next fiscal year, which begins July 1.
The $89.9 million revenue the authority anticipates is the least funding it has seen in years. Officials said reductions in federal dollars, city-administered grants and federal stimulus money means they will likely have to cut services, programs and personnel.
Instead of presenting a budget May 11, the authority’s board of commissioners now will be presented with several strategies for cutting expenses, chief executive officer Shurl Montgomery said Wednesday.
“That meeting will be very key in the decision-making process,” he said.
On May 25, the authority will present its budget at 4 p.m. and host a public hearing at 6:30 p.m. Ruffner Middle School. The spending plan will be up for adoption at the board’s June 8 meeting.
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I know how they can save the whole amount....
quit building housing for people that just trash them. It's a wasted cycle of fix it up, then they tear it down again. Where does it say that the City is responsible for providing housing for people? How can I get them to pay for my mortgage and health insurance? Nobody ever gave me a freakin dime.
Maybe it's because they are poor. I got tired of being poor and went back to school to learn something that would allow me to support myself. If we have to build housing for 'the children', then send them to orphanages until they grow up. Or give them vouchers to get housing from private individuals. Subsidized housing just creates a ghetto that no one wants to live in and pulls down nearby property values.