Laramie Facing Budget Deficits
Laramie, WY – Officials in Laramie say deficits could haunt the city the next five fiscal years, including a 923 thousand dollar shortfall next year. Layoffs, salary caps and hiring freezes are some of the measures the city could be forced to take to control the problem. City Manager Bonnie Ridley Kraft admits the deficit is substantial, but she says it's manageable. The deficits are forecast to fluctuate between 647 thousand dollars in 2008 and 1.4 million dollars in 2007. The larger figure is due to expected equipment expenses.