Wayne Township Trustee......Budgets and Loans

By Carl Smith

June 18, 2010 Updated Oct 1, 2008 at 3:29 PM EST

FORT WAYNE, IN (Indiana's News Center)---The Wayne Township Trustee office provides assistance to those in need for shelter, utilities, medicine, and food.
In the past six months they have seen an increase of about 46% in the number of people requesting assistance.

Richard Stevenson, Wayne Township Trustee: " We have no control of the economy and we believe, not being an economist that the bottom have not been reached yet and as we see a 46% increase in our requests that's because those people who are often not needing township assistance they now need it because the economy continues to spiral downward."

In July the Wayne Township Trustee office was having some economic difficulty in providing the services it normally does for people in need.
Because of that, they requested a one-million dollar emergency loan from their board.
The board voted 2 to 1 on the loan.

Since then, the Trustee's office has found ways to cut costs from within and put caps on the amounts they provide in helping people.
In turn they were able to lower the loan amount from one-million dollars to a little more than 600 thousand dollars.

Maria Parra, Board Member/Finance Chair: " They basically cut their costs by 4%, they reduced their budget by 4% and they also reduced the million dollar loan to 630 thousand, which is almost 40%. So, he's going the positive way. He's reducing his borrowing. He's also reducing his spending. That is what he needs to do and over time hopefully he will not be borrowing.

On Tuesday afternoon the board voted unanimously to approve the loan and the 2009 budget.

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