City approaching final copy of 2015 budget

By: Christian von Preysing Email
By: Christian von Preysing Email

LAREDO, TEXAS (KGNS) - The city of Laredo continues work on its budget for the 2015 fiscal year.

At a budget workshop Tuesday, council members asked to include a three percent pay increase for all city employees.

That's on top of a six percent spending increase the city is adding into the next budget.

Laredo City Manager Carlos Villarreal said a 36 million dollar increase will include improvements to the airport and work on a new sporting venue.

It will also account for new employees, benefits expenses and the three percent raise.

"We're looking at about 1.5 [to] 1.6 million, generally for all of the consolidated budget for what council approved, which is a three percent raise," said Villarreal.

Villarreal says by law the city budget must be balanced.

Expenditures will be paid for by a mix of bridge tolls, increased property valuations, federal grants, and the sale of the Civic Center.

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