A new fiscal 2013 general fund budget for the city, which projects a $97,403 shortfall, was approved Tuesday night by the Mayor and Board of Aldermen.

The budget, which will be formally adopted on Thursday, reflects $7,592,176 in expenditures and $7,495,473 in revenues.

The budget partially restores cuts to the police and fire departments' budgets, among others, that were initially made in other proposals.