Gas prices are no doubt causing adjustments in personal budgets, but what about local governments? Manhattan City Manager Ron Fehr says they fully expect inflation and record-high fuel costs to create challenges in developing next year’s budget. As for any adjustments in the current operating budget, Fehr says the city has been fortunate to grow its reserves over the last couple years, and is seeing to-date sales tax revenues coming in higher than expected. Fehr says supply chain issues are also causing challenges at the city’s water treatment plant and in some cases the substitute additives in stock are also rapidly gaining in costs.
Source: 1350 KMAN
