Reed says that amounts to borrowing from the future to pay for today's expenses.

Annexation of an area into a city normally involves two basic steps, each with its own separate public hearings. The council is scheduled to vote on the revised budget Sept. Reed says the city will have to rely more on the private sector.

Mark your calendars for these presentations by Michael Gray. Finance Director David Baum said the agency would use the most efficient way of charging for operating expenses.