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City to maintain its budget levels

 

May 9, 2018



The City of Sweet Home is proposing to maintain budget levels into the next fiscal year as it prepares for its annual budget approval process.

City Manager Ray Towry presented the budget proposal for fiscal 2018-19 to the city’s Budget Committee on May 1.

The city’s fiscal year begins on July 1 and ends on June 30.

The proposal budgets $21,718,369 for 2018-19, a decrease of $36,446 or .17 percent.

Towry explained that budget totals are inflated by several factors. For example, transfers to long-term projects also count as expenditures, while they are really saved in a reserve fund....



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