From today’s Joplin Globe:
MIAMI, Okla. — City leaders are breathing easier after two days of recent meetings spent massaging a $29.3 million budget for 2010-11.
“All of the city’s expenditures are budgeted, and we have a clear picture of the city’s financial stance,” said City Manager Huey Long.
Officials are projecting that the city will begin its fiscal year on July 1 with a total $7.4 million carry-over from the general, utility and special utility funds. At the end of the next fiscal year, those three funds are projected to hold a $6.7 million carry-over for the 2011-12 budget.
“It is a conservative budget,” Long said. “It is based on no growth in sales tax.”
The full article can be found here.
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