Crossville City Council is expected to
approve the third and final readings of the upcoming 2019-20 fiscal
year budget and an unchanged property tax rate during their regular
June meeting.
Crossville City Hall (photo by Jim Young)
The city will hold a public hearing on
the budget on Tuesday, June 11 at 5:30 PM prior to the council's 6 PM
meeting. Council will also meet as the audit committee at 5 PM. All
the meetings are open to the public.
The city's general fund budget stands
at $420,000 in the red but the city has a large reserve balance to
cover any budget overage and emergency. Finance Director Fred
Houston said that typically more projects are included in the budget
then the city can complete, often because the work is dependent on
other agencies and the city rarely finishes a budget as far in the
red as the starting budget numbers.
A large number of bids and purchases
always appear on the June agenda as annual bids for many regular
purchases made for the year are approved.
Council will also discuss the request
for assistance on a potential retail development on the site of the
former Ryan's Restaurant property, a bid for painting the Homestead
water tank and the caboose at the Crossville Depot. The paint for
the caboose is not supposed to fade as previous paint jobs have done.
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