January 16, 2003

Galveston Finance Committee

The Galveston Finance Committee discussed budget problems facing the City of Galveston on Thursday.

"I don't think we are going to be immune from problems across the state," said Shrub Kempner, referring to budget shortfalls in Beaumont, Houston and other Texas cities.

Steve Greenberg said that the problem has been going on for a long time, noting near bankruptcy faced by a previous administration.

"Time out!" said Council Member Dianna Puccetti, insisting that management problems still exist.

"Let's look forward instead of backward," injected Chair Fred Micks.

"It seems to me we need help," agreed Council Member Lyda Ann Thomas.  "This hole is not a new hole, it just keeps getting deeper."

There was considerable discussion of the health care crisis and the possibility that the city's insurance plan could end up in receivership if a solution is not found.

"I don't think it's a political issue," said Ed Clack.  "It's an insurance issue."

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