Floyd County council announces $2.9 million budget shortfall
FLOYD COUNTY, IN (WAVE) - The Floyd County Council is back to crunching the numbers to see if layoffs are necessary to bridge a budget gap.
The council announced Tuesday the county is $2.9 million short for its 2014 budget despite cutting 25 percent across the board.
The costs of the trials of David Camm and William Clyde Gibson put a strain on the county that is now facing a deficit of more than $3 million.
The state will now review the budget, but will likely send it back with the mandate to balance finances.
Councilmembers said in order the balance the budget without raising taxes layoffs are a possibility.
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