News and Tribune

Breaking News

Recent Local News

September 9, 2013

Projected funding, budget gains in New Albany

With $22 million anticipated, 3 percent pay raises proposed



Under the Affordable Care Act, large employers will be penalized if they fail to offer health insurance to any worker who clocks 30 or more hours weekly based on an average determined by a trial period. That section of the legislation was to go into effect next year, but it has been delayed. The Floyd County Commissioners approved earlier this year limiting part-time employees to 28 hours a week to avoid providing health insurance or being penalized. 

Council members conceded more meetings are needed to get a firm grasp on the budget, but most stated they were generally pleased with the financial status of the city. 

The amount of money available to the city from taxes and fees has risen over the past five years, as council members recalled having to approve final-hour appropriations in December to plug gaps in funding. There also were deficit rollovers during past years that cut into the general fund revenue. 

“It was a nightmare,” Councilman Bob Caesar said. “I know I have a great deal of confidence in these numbers, where before it was like, “I hope the money comes in February.”

Text Only | Photo Reprints
Recent Local News
Easter 2014 photos

Click on any photo to purchase it.

Twitter Updates
Follow us on twitter
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
AP Video
Texas Scientists Study Ebola Virus Smartphone Powered Paper Plane Debuts at Airshow Southern Accent Reduction Class Cancelled in TN Raw: Deadly Landslide Hits Indian Village Obama Chides House GOP for Pursuing Lawsuit New Bill Aims to Curb Sexual Assault on Campus Russia Counts Cost of New US, EU Sanctions 3Doodler Bring 3-D Printing to Your Hand Six PA Cops Indicted for Robbing Drug Dealers Britain Testing Driverless Cars on Roadways Raw: Thousands Flocking to German Crop Circle At Least 20 Chikungunya Cases in New Jersey Raw: Obama Eats Ribs in Kansas City In Virginia, the Rise of a New Space Coast Raw: Otters Enjoy Water Slides at Japan Zoo NCAA Settles Head-injury Suit, Will Change Rules Raw: Japanese Soldiers Storm Beach in Exercises Raw: Weapons Fire Hits UN School in Gaza Raw: Rocket Launches Into Space With Cargo Ship Broken Water Main Floods UCLA
2013 Photos of the year

Take a look at our most memorable photos from 2013.