Tag Archives: interest

Valdosta Cutting Back

On the same day a VDT editorial said “NO!” to any negative talk about the local economy, the VDT published this:
Published March 05, 2009 12:40 am –

Valdosta deals with economic downturn
Hiring freeze, possible furloughs part of the plan
By Matt Flumerfelt
The Valdosta Daily Times

VALDOSTA — The city of Valdosta recently announced it is taking measures to compensate for declining revenues. Among the steps considered at the city’s recent annual planning retreat to adjust to the revenue shortfall is a hiring freeze on new positions and possibly furloughing some city employees.

“The city of Valdosta is experiencing the same effects from the economic downturn that all other governments and businesses are experiencing,” said Valdosta City Manager Larry Hanson. “The unemployment rate in Valdosta and Lowndes County has nearly doubled over the last 18 months. That means revenues such as sales tax have decreased.”

There’s more, all well worth reading.

That the city was retrenching was no secret to anyone who attended the mayor’s state of the city address, but apparently the degree has increased since then.