Lean economy forces city budget cuts – Douglas County Sentinel: Local News

7
Jun

Lean economy forces city budget cuts – Douglas County Sentinel: Local News

Many households across the country are facing tough economic times and the City of Douglasville is no different as it considers a proposed budget that shows a 5 percent decrease.

City Council members gathered Wednesday to discuss the city’s general fund budget for fiscal year 2013-2014. A public hearing concerning the proposed budget will be held June 17. The total general fund budget for fiscal year 2013-2014 — which will begin July 1 — is $21,485,667, with an overall projection of a $1,181,401 or 5 percent decrease from the adjusted budget.

The general fund budget receives revenue from sources that include municipal court fines as well as property, sales, insurance premium Georgia Power franchise and occupational license taxes. The proposed fiscal year 2013-2014 budget reflects a 4 percent increase in the local option sales tax. Finance Director Karin Callan projects a 22 percent decrease in building permits.

Callan is also projecting a 2 percent increase in property tax revenue, which will keep the millage rate at 3.854.

via Lean economy forces city budget cuts – Douglas County Sentinel: Local News.

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