Although City of Lockport officials are trying to tighten the purse strings, that might not be enough to avoid another round of layoffs.
That was the buzz surrounding last night’s council meeting in which the city authorized the sale of deficit financing bonds that had been pushed through the state legislature earlier this year.
According to city treasurer Mike White, the city is approved to borrow about five and half million dollars, but the amount it owes is about a million dollars less than that. Those debts accumulated in the general, water, refuse and sewer funds over the past three years.
The council called a special meeting for next Wednesday, according to Mayor Anne McCaffrey.
Firefighters on hand said that McCaffrey has already told them the city will be laying off five more members of that department in the near future, although she didn’t confirm that.