Facing declining revenues due to the season and the lagging economy, the City of Commerce has enacted a “budget freeze” through Dec. 31.
After Finance Director Steve McKown updated the city council Monday night, City Manager Clarence Bryant announced the move.
The city manager briefed department heads Tuesday that all capital expenditures and all “non-essential” expenditures are on hold.
“I will be getting into the purchasing efforts for the rest of this quarter more than I have in the past, to approve or disapprove any purchases,” he said.
For the full story, see the Oct. 15 edition of The Commerce News
