Mayor and Fiscal Policy Group Outline Fiscal Framework for the City

Fort Wayne Mayor Tom Henry and his Fiscal Policy Group have outlined some ideas to save the community money and bring additional revenue to the City of Fort Wayne.

The mayor created the Fiscal Policy Group to gain a full understanding of fiscal conditions and to identify financial options available to the Summit City to help meet future fiscal challenges. 

Some of the recommendations include: adding 20 new police officers and 15 new firefighters. They also want to create a fund for annual streets and parks improvements. 

The group also recommends a revision to the benefits package that city employees receive to better align with the private sector.

One of the other big recommendations is a reduction in city operating expenses by $5 million and that the city maintains a cash reserve of 7% of operating revenue which amounts to about $10 million.