|9/5/2012 8:20:00 AM|
New FY 2013 city budget
projects $97,403 shortfall
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.