Georgetown approves balanced budget

Local News

Discussion

April 6, 2009

BY APRIL EVANS The Commercial-News Mon Apr 06, 2009, 10:20 PM CDT

GEORGETOWN — The city council approved the 2009-10 budget Monday night, which will be balanced.

The final budget numbers are the same as the tentative budget, which was approved in March.

Mayor Darrell Acord said the city doesn’t plan any big changes this coming fiscal year. Rather, they’ll just be holding the line on spending.

The new budget expects the city to bring in $717,382, while spending $677,683. The projected surplus for the next fiscal year is around $40,000.

Comparatively, this past year the city brought in $739,281 and spent $726,376, with a surplus of $12,905 left over.

A new police squad car is included in the new budget to replace the current 2003 Crown Victoria.

In other business, aldermen:

-- Purchased a new backhoe with ditch bucket from Martin Equipment of Tolono for $39,640. The sale price was $77,940, which included a $39,500 trade-in of the city’s current eight-year-old backhoe.

The equipment is mainly used by the water department for digging in the streets.

-- Will allow high school senior Stephanie Hubbard to rent the Georgetown Community Center for free or at a reduced rate. Hubbard will hold a benefit concert for her friend, Natalie Lyons, who has been very ill, is recovering, but will continue to be in the hospital for an extended period.

-- Bought a concrete chop-saw from Big R of Tilton for $1,327.

-- Will allow the Georgetown-Ridge Farm Ministerial Association the use of Patriot Park at noon May 7 for its National Day of Prayer program.

-- Heard that half the water customers in town now have the new remote touch-read water meters installed.

-- Will write-off $482 in uncollectible water-sewer bills this fiscal year. The amount has dropped significantly compared to other years. Only six accounts were uncollectible, due to a lien on a house or a death.

-- Transferred $3,211 from the general fund to the motor fuel tax fund to make up for differences in the amount spent this year. A transfer is normally always done at the end of the fiscal year.

WHAT’S NEXT

The Georgetown City Council will meet at 7 p.m. April 20 at Georgetown City Hall.

Text Only

Local News

Class centers on sweets
February 10, 2012
Concert to salute veterans
February 10, 2012
Police, Fire Reports
February 10, 2012
Valentine ideas
Residents still have a few hours left today to sign up to win Downtown Danville, Inc.’s Valentine’s Day package. Even if you don’t win, there still are lots of present ideas downtown for your significant other.

February 9, 2012 1 Photo
City proposes cut to DDI
Public discussions have yet to start on the city’s fiscal year 2012-2013 budget, but Downtown Danville, Inc. officials are ready to fight back against a proposed $30,000 funding cut.

February 9, 2012
DACC to host FAFSA meeting
Applying for financial aid to attend college no longer means wading through mounds of paperwork.

February 9, 2012
Oakwood school officials search for memorabilia
Oakwood school district officials will move into a new unit office soon, but they don’t want to forget the history of the district.

February 9, 2012
Viral video: Grizzly bear cub, wolf cub play together
It’s like something out of a children's book: A bear cub meets a wolf cub and they become the best of friends. Even though they are different species and ferocious predators, the unlikely couple stays pals for life.

February 9, 2012 1 Photo
Kids invited to story time
February 9, 2012
Police, Fire Reports
February 9, 2012
More Local News Headlines

Local News

Search Results

Discussion

Georgetown approves balanced budget

Site Map

Contact Us