Nips and tucks

Asheville’s budget for the next fiscal year will come in at around $135 million, Chief Financial Officer Ben Durant predicts. And if City Council approves the budget he’ll propose on May 12, it will be balanced, with revenues equaling expenditures. That’s an accomplishment even in a good year, but all the more so given that […]

Asheville City Council

Fallout from the spreading national economic debacle is affecting not only financial institutions, investors and taxpayers, but also the city of Asheville, Chief Financial Officer Ben Durant told City Council. The red zone: Chief Financial Officer Ben Durant warns the Asheville City Council that the effects of a global economic meltdown are beginning to be […]