Blogging the Budget

Looking at the introductory letter from City Manger Allen Gill, the first striking thing is the budget increase about $10.3 million over the 2009 budget. Most of that comes from an increase in budgeted capital improvement expenditures in the Local Improvement Fund and the Waterworks and Sewerage fund. The city plans to spend about $6.7 million for the new police and fire stations, captured within the local improvement fund, and about $4 million for a new water storage facility, captured in the Waterworks fund. The 2010 budgeted expenditures run $52,928,719, with expected revenues of $49,586,153, an increase of $11,478,543 over 2009.