Council Member Costello Named Chair of Budget & Fiscal Affairs

(NEWS RELEASE) Monday, April 4, 2011 – Council Member Stephen C. Costello, the At-Large Position 1 representative, has been named chair of City Council’s Budget and Fiscal Affairs Committee. 

Costello, who has served as the committee’s vice chair since December, will take over the chairmanship at the April 5th committee meeting.  The Budget and Fiscal Affairs Committee, comprised of all fourteen council members, oversees expenditures totaling more than $4 billion dollars annually in the City’s General Fund, Enterprise Funds, Capital Improvement Fund and Equipment Acquisition Fund.  Costello will succeed Council Member Anne Clutterbuck, who has served as chair since January of 2008. 

“I thank Mayor Parker for the confidence she has placed in me with this appointment,” said Costello.   “I also thank Council Member Clutterbuck for her service over the past three years and her intelligent and insightful leadership. 

“I look forward to working with my colleagues and the Administration to tackle the City’s current budget situation,” Costello added.  “With the new budget year beginning July 1, we have a real challenge balancing services with the funds available.  My colleagues and I have spent the past two months sitting down with department directors in a series of work sessions going over each and every program and service currently offered by the City.   We have examined services both in terms of their cost and their impact to the community.  The projected budget gap will force some tough decisions and I will work hard as chair of the committee to seek consensus in determining the future direction of our City’s spending. “ 

Costello also serves as chair of City Council’s Flooding and Drainage Committee.

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