The City Manager of University City, Gregory Rose, announced today that he must make budget cuts and lay off or furlough employees due to the financial strain of COVID-19.
“Due to the devastating financial impacts of the coronavirus on our economy, as City Manager, I have made adjustments to our spending. Because we anticipate a 15 percent or $3.7 million reduction in our current fiscal year revenues, I have been forced, among other things, to layoff excellent employees, furlough employees, and delay capital projects in order to fill the gap,” Rose said.
“Roughly thirteen of our full-time employees are being impacted by the layoffs and furloughs. All areas of our operation, with the exception of public safety and sanitation, will lose employees. As we move forward into next fiscal year we are anticipating a 25 percent or $6 million reduction in our forecasted revenues, but are hopeful no other personnel adjustments will be necessary.”
Residents may find all COVID-19 related news on our website: https://www.ucitymo.org/876/COVID-19-Communication