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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Aug 23, 1974
Page
1
City Manager Dale Carter met with about 50 program managers to push spending reductions amid a sagging economy. He cited a $20.4 million budget for 1974-75 and said hiring would slow to essential positions, with future service cuts to be council-approved. July revenue ran about $126,000 under budget, led by sales tax shortfalls.
United Press International reports the Ford administration may remove price controls on most domestically produced oil. Energy officials say this could raise the price of domestic oil by about ten dollars per barrel.
A University of Pennsylvania economist testifies before the Senate Budget Committee that the U S will face at least a year and a half of recession inflation and higher unemployment regardless of policy. He cites a potential 1975 inflation near 7 7 percent with 6 7 percent unemployment if federal spending is cut by 10 billion.
Paradise Valley Town Council delays action on a proposed resort hotel ordinance to its Sept 12 meeting. The council, town manager Oscar Butt and interim town attorney Ray Taylor discussed changes including replacing vacationing with registered and adding a reasonableness standard.
City Manager Dale Carter says HUD could provide about 8 million for Scottsdale over five years under the urban renewal measure. The estimate foresees 1.8 million annually for three years, plus 1.4 million and 1.1 million in years four and five, with final allocations pending guidelines and project eligibility. The city plans a development proposal for council review before submission.
Washington The Agriculture Department projects a 15 percent rise in food prices for 1974, marking the largest one year jump in 28 years. The year ends with prices 15 percent above 1973 levels.
President Ford indicated during the Labor Day recess that he has no plan for a lame duck session. White House spokesman Jerry terHorst said Ford hopes Congress will finish major legislation before adjournment for the November elections.
President Glafkos Clerides of Cyprus travels to Athens to meet Greek government leaders ahead of this weekend's preliminary peace talks with Turkish Cypriot leaders. He plans to discuss economic and refugee problems stemming from six weeks of warfare on Cyprus.
Washington based Pan American Airways petitions the government for a $50 million emergency grant. The request includes a retroactive $10 million monthly operating cushion through April and May to cover ongoing costs.
SEAL HARBOR Maine Vice presidential nominee Nelson Rockefeller states Nixon need not receive more punishment for Watergate. He argues no additional sanction is warranted.
A United Nations relief officer notes torrential rains across drought-stricken regions south of the Sahara. While the showers provide needed relief after six years of drought, they also wash out roads and bridges, hindering delivery of emergency food supplies to urgent areas.
A brief weather note predicts sunny and warm conditions with highs near the upper 70s over the next two days and an overnight low expected to fall on Saturday.
Scottsdale Community College enters the fall with no budget for student activities due to a dispute over fee allocations between student officials and administrators. The student government seeks a special budget committee. enrollment projections run short, risking further program delays if the budget remains unsettled.
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