City-Parish President Joey Durel on Thursday unveiled his proposed 2011-2012 fiscal year budget for Lafayette Consolidated Government — a budget that is about $60 million smaller than the current budget under which city-parish government is operating. The proposed budget totals $543.3 million, according to Chief Financial Officer Lorrie Toups in a statement accompanying the document. The current 2010-2011 budget is roughly $614.3 million.

The City-Parish Council will begin digging through the budget beginning at 1 p.m. Wednesday, Aug. 3 as budget hearings commence. That process lasts about two months, after which the council will finalize the budget and return it to Durel, who can accept it as it or, if he chooses, use his power of veto to make further adjustments.

For a full schedule of budget hearings, click here.

For details on the budget, see today’s Advertiser.

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