“With major increases in expenditures such as, insurance, utility and fuel costs, raises were unable to be given except in areas that were contracted or where a salary reconstruction was required during the year,” said Sewell. “We do expect a raise in taxes will be forthcoming to meet the new budget."
Sewell said there were a few major changes made in the budget and compared to the current year, anticipated budget revenues from all funds amount to $1,536,250, which includes all un-appropriated funds from 2013-14.
“The budget is $496,400 less than last year’s budget,” said Sewell. “The cash balance on hand at the end of this year will be calculated to be $150,000.”
The council agreed to have a special called meeting at 5 p.m. Wednesday, June 18 for the second reading of the budget ordinance.
The council approved for mayor Sewell to sign the Resolution #2014-06 of the Municipal Road Aid.
The council also approved the Resolution No. 2014-07 for the Hopkins County Joint Planning Comprehensive plan.
“After this plan is in place, it’s time for us, to regroup with other organizations in our community,” said Sewell. “So, we can discuss what we would like to see in this community, with a time line, strategies and how we are going to get there. So, I should think by this fall, we should be able to start working on that.”
In other business, Thursday, June 19 through Saturday, June 21 will be the city’s “Whizzer Weekend." The 14th annual fireworks with an adult baseball game will start 6 p.m. Thursday, July 3 at Riverside. The 66th Annual BBQ and street fair will be held Friday, July 25.The next city council meeting will be 7 p.m. Monday, July 21.
SurfKY News Reporter
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