In a recent government meeting, officials provided a detailed update on the final adjustments made to the city budget, following the council's adoption of the budget last month. The adjustments reflect a reduction in the tax rate to 0.402319, which is projected to decrease available revenue in the general fund by $231,923.17, bringing the total projected tax revenue to approximately $5.27 million.
The budget document presented to the council outlines significant changes, including a revised total for taxes and franchise fees, now set at $8,197,371.83. The overall anticipated revenue for the general fund has been adjusted to $15,656,118.83, aligning with the cuts made to various positions and projects.
Notably, the council approved cuts to two positions: a Grama assistant in community services, and a maintenance technician in public works, totaling $129,300. Additionally, funding for a comprehensive alley study and major sidewalk repairs was eliminated, with the budget for sidewalk repairs reduced to a minimal amount sufficient only for emergency fixes.
Further adjustments included a $5,000 cut from the human resources budget for temporary employment services, and a reduction of $4,200 from the City Council's travel and training budget, leaving $10,800 for council members.
The total cuts made to balance the budget were confirmed to match the revenue reductions, ensuring no further action is required from the council at this time.
The meeting also touched on community nonprofit support funding, with the council discussing the annual budget set aside for nonprofit agencies. The current budget allocates $50,000, but applications received have exceeded this amount, prompting further discussion on how to address the funding requests.