Part of our responsibility of providing superior municipal serve to our community includes using our resources wisely and maintaining a balanced budget. The FY2018 budget supported nearly $28.6 million in expenditures and is estimated to end overall under budget with a few projects to be carried over into FY2019. In revenues, Sales Tax, which represents 57% of the overall revenue from all City Funds, to date is less than 1% over collections from FY2017.
The FY2019 Operating Budget process has started with two of four workshops with the Mayor, Board of Aldermen, and staff completed. FY2019 Operating Budget Draft #1, presented at the workshops, supports expenditures of $35.5 million. The Mayor and Board of Aldermen will meet again on Tuesday, November 6 and Thursday, November 8, at 6 PM at City Hall to complete the workshops. The workshops are times set aside for staff to present to the elected body a draft budget and answer questions in preparation for an adoption by the elected body in December. The City operates a fiscal year beginning January 1.
My office is committed to effectively managing the day to day operations and to the responsible administration of our budget. However, this would not be possible without all the experienced and dedicated employees of the City and the direction of the Mayor and Board of Aldermen. We are dedicated to being good stewards of our community and will continue to operate efficiently to deliver superior municipal services to our citizens and visitors. Your comments and suggestions are of value! Please do not hesitate to contact me.