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Showing posts with label city finance director. Show all posts
Showing posts with label city finance director. Show all posts

Wednesday, June 1, 2016

Crossville City Council to hold budget work session Thursday June 2 at 5 PM

The City of Crossville's 2016-17 budget could get some additional finishing touches at a work session on the budget set for Thursday June 2 at 5 PM. The meeting will be held in the city hall conference room 317 and is open to the public.

The the city will hold a public hearing on the budget and, in addition, the second reading the budget ordinance are scheduled for the regular council meeting on Thursday June 9.

The budget started at $2.4 million in the red and at last tally according to city finance director Fred Houston stands at a much lower $577,641 in the red.  The city also holds a fund balance of well over $10 million. The budget as it stands includes a 3 percent raise for city employees and a continuation of the wellness program. Final decisions on the funding of outside agencies or non-profits remains to be determined.

With a change in city managers at a critical point of the budget the process has appeared to stay on track and be close to completed.