By Aaron Gershon
University of Kentucky School of Journalism and Media
Two developments have prompted Midway Mayor Grayson Vandegrift to begin drafting what he calls a "middle ground" budget, not the “bare bones” plan he and the City Council drafted two weeks ago.
The mayor announced Monday he expects the federal government to reimburse the city for the $40,000 the council set aside a week ago for vouchers for city residents to spend at local businesses.The money had been budgeted for a Midway Station interest payment the city didn’t have to make.
He also announced that Lakeshore Learning Materials President Bo Kaplan told him Friday that the distribution center expects to be fully staffed within three weeks, after furloughing 225 of its 300 employees. Lakeshore is the city’s largest employer, and the city’s largest revenue source is a payroll tax.
Vandegrift also delivered more good news from Kaplan: Lakeshore expects to receive a certificate of occupancy for the company's second Midway distribution center in September, with that facility opening officially in March 2021. It will add 100 jobs.
With the reimbursement and return of payroll-tax revenues, the mayor said he does not believe that all the potential cuts in the "bare bones" budget for the fiscal year beginning July 1 will be necessary.
“If businesses reopening leads to bad spikes in covid-19, we may need to reassess,” he wrote, “but if people use these skills we’ve learned and wear their masks, we might be able to avoid another economic shutdown.”
Vandegrift said he would propose restoring these funds:
● $25,000 for street paving
● $5,000 for a drinking water filling station on East Main Street
● $20,000 for the sidewalk cost-share program
The mayor said he would ask the city council to decide on adding another $25,000 worth of spending back into the budget, for a total of $75,000 in restorations.
That would be just over half of the $145,500 in potential “bare bones” cuts. Before the council and Vandegrift agreed on those, he had cut from his original budget proposal a $50,000 project, an extension of the Stephens Street sidewalk to The Homeplace at Midway, saying the timing wasn’t favorable.
Vandegrift said he would present a “middle ground of the two budgets” during the council meeting May 18. He said he would call a special meeting for 5 p.m. Tuesday, May 25 via Zoom to work on the budget, which must be enacted by June 22.
University of Kentucky School of Journalism and Media
Two developments have prompted Midway Mayor Grayson Vandegrift to begin drafting what he calls a "middle ground" budget, not the “bare bones” plan he and the City Council drafted two weeks ago.
The mayor announced Monday he expects the federal government to reimburse the city for the $40,000 the council set aside a week ago for vouchers for city residents to spend at local businesses.The money had been budgeted for a Midway Station interest payment the city didn’t have to make.
He also announced that Lakeshore Learning Materials President Bo Kaplan told him Friday that the distribution center expects to be fully staffed within three weeks, after furloughing 225 of its 300 employees. Lakeshore is the city’s largest employer, and the city’s largest revenue source is a payroll tax.
Vandegrift also delivered more good news from Kaplan: Lakeshore expects to receive a certificate of occupancy for the company's second Midway distribution center in September, with that facility opening officially in March 2021. It will add 100 jobs.
With the reimbursement and return of payroll-tax revenues, the mayor said he does not believe that all the potential cuts in the "bare bones" budget for the fiscal year beginning July 1 will be necessary.
“If businesses reopening leads to bad spikes in covid-19, we may need to reassess,” he wrote, “but if people use these skills we’ve learned and wear their masks, we might be able to avoid another economic shutdown.”
Vandegrift said he would propose restoring these funds:
● $25,000 for street paving
● $5,000 for a drinking water filling station on East Main Street
● $20,000 for the sidewalk cost-share program
The mayor said he would ask the city council to decide on adding another $25,000 worth of spending back into the budget, for a total of $75,000 in restorations.
That would be just over half of the $145,500 in potential “bare bones” cuts. Before the council and Vandegrift agreed on those, he had cut from his original budget proposal a $50,000 project, an extension of the Stephens Street sidewalk to The Homeplace at Midway, saying the timing wasn’t favorable.
Vandegrift said he would present a “middle ground of the two budgets” during the council meeting May 18. He said he would call a special meeting for 5 p.m. Tuesday, May 25 via Zoom to work on the budget, which must be enacted by June 22.
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