Sam Morris / Las Vegas Sun
Wednesday, Feb. 8, 2012 | 2:18 p.m.
The city of Henderson’s budget deficit, redevelopment successes and new businesses are expected to be topics Thursday during Mayor Andy Hafen’s State of the City address.
In the annual speech, set for noon, Hafen is expected to address the $13 million hole in this year’s budget and the $14 million deficit the city is projected to face in the coming fiscal year.
The Henderson City Council approved a plan Tuesday night to spend $5 million on a fifth round of employee buyouts, and the mayor will note the decision, as well as significant budget cuts across the board, as a step in the right direction, according to city officials.
In his talk, the mayor also is expected to outline the city’s strategies to manage the city’s deficit while still maintaining its services.
One accomplishment Hafen will mention is the 150,000-square-foot TH Foods manufacturing and packaging plant, one of 12 businesses that moved to Henderson last year, said city spokesman Bud Cranor.
Hafen is expected to highlight an 8 percent decrease in vacancy rates over the past year in the city’s downtown redevelopment area, as well as announce a major $28 million expansion of the Levi Strauss distribution center in Henderson, which may increase the company’s hiring capacity by 50 percent.
The Henderson State of the City will be at Green Valley Ranch Resort’s grand events center. Opening seating is available. The event will also be broadcast on Cox channel 96 and streamed live at cityofhenderson.com.