Low revenues might lead to cuts

Mathias Baden — Mon, 21 Apr 2008 21:18:46 -0500

Building permit revenues are lower than expected, Jordan Finance Director Tom Nikunen told the city council tonight.

The city budget calls for $230,100 in revenues to come from building permits. During the first quarter of the year, only $7,855.62 had been received. That's a little more than 3.4 percent of the annual budget, according to Nikunen's monthly finance report.

"Theoretically, we should be at 25 percent," Mayor Ron Jabs said, "but we're at 3.41 percent."

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Low revenues might lead to cuts