Youth fund boost denied
City Council panel rejects bid to use interest earned in ‘rainy day’ account
By John Fritze
Sun reporter
May 29, 2008
A Baltimore City Council committee rejected a proposal to use interest from the city’s $88 million “rainy day fund” for children’s programs during an unexpectedly passionate debate last night about the best way to ensure the city’s financial future.
In a blow to advocates who have lobbied City Hall for more money for youth programs, a majority of council members said the city should continue to build its rainy day fund in case of an emergency rather than direct the interest from the fund to youth programs.
Debate over the programs has become especially contentious because surplus funds used to finance them in the past have run dry. Mayor Sheila Dixon earmarked more than $14 million for the programs this year in the budget, and advocates are seeking an additional $4 million.
“To me, it’s a priority. It’s not fluff,” said City Councilwoman Mary Pat Clarke, who has led the effort on the council to fund the programs and who voted in favor of using the rainy day money. “To me, it’s the first thing that should be funded every year.”
