In a May 15 memo to the city’s department heads, City Manager Jim O’Connor asked for two proposed budgets for the next fiscal year, one with a 10.9 percent reduction, and a second trimming an additional 4 percent, for total cuts of 14.9 percent. “You need to think about this in terms that next year your money allocation will be reduced by these amounts and you will need to scale back or contract out the activities of your department,” O’Connor wrote.
Indian River Guardian 
Jim O’Connor should be explaining to the COVB residents why services have to be cut when the final sale of the electrical service to FP&L is still several years away. Where is the continued revenue from the COVB utilities cash cow going to go in 2014 and 2015 if the sale is not final until 2016 as it now looks?
It would also be useful for the COVB “leaders” to share with the public their contigency plans for this hurricane season which begins in less than two weeks. Since all the revenue seems to be going to transactional attorney fees, are there any unallocated funds in the budget to address a true emergency?