The Arab City Council passed a $15.3 million budget Monday night, about a half million dollars less than last year’s budget. (Stories on departmental budgets are planned for a future issue of the Tribune.)

It includes a 2-percent cost-of-living increase for employees and much improved lighting on U.S. 231 (please see other story).

In actual dollars, the city is expected to end the fiscal year with $15,531,606 in revenue. The budget passed should give the city a little breathing room if additional funds are needed. 

Sales tax collections are projected to be slightly higher than last year, increasing from $8,550,000 to $8.8 million.

Business license revenue is budgeted the same as last year at $1,260,00 although actual revenue this year totaled $1,347,604. 

For more on this story please pick up Wednesday's Tribune or purchase an e-edition.

(1) comment

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