state pension

Metro logo

LouisvilleKY faces ‘devastating’ cuts in services

Mayor: Without new revenue, city faces “devastating” cuts in services because of Frankfort-mandated pension obligation Cuts would include every agency of Metro government, including police officers, fire stations, libraries and community services Louisville, KY., – Mayor Greg Fischer outlined specific and “devastating” potential cuts to city services and staff that would, without new revenue, be necessary to cover an expected $65 million budget gap over the next four years, caused by a state-mandated pension increase that grows every year through FY23. The potential cuts range from staffing reductions in nearly every Louisville Metro Government (LMG) department, including police, fire and…