|City of Huntsville Introduces FY15 Budget
FOR IMMEDIATE RELEASE
September 11, 2014
(Huntsville, AL) - Mayor Tommy Battle will introduce the City of Huntsville Fiscal Year 2015 General Fund Budget to the City Council at tonight's regularly scheduled meeting. Council members are expected to review the budget in greater detail during a work session on Sept. 24. The City expects to have the budget approved before the FY15 year begins October 1.
The $245.9 million General Fund budget represents a $4.7 million, or 2 percent, increase over the FY14 budget. It is largely based upon a projected three percent increase in sales tax revenues. The bulk of the increase will be absorbed by employee costs and mandatory increases in operating costs. While lean, the budget does represent steady funding for City departments and agencies.
"Citizens can be assured that while the City of Huntsville is financially sound, we are being very frugal with your tax dollars and remain committed to providing a valued level of service," said Mayor Battle.
Details for the FY15 Capital Plan are still in the works and it will be presented at a later date. The capital budget covers large scale infrastructure and building projects planned well into the future.
For more information, please contact:
Kelly Cooper Schrimsher, Director of Communications, Office of the Mayor, 256-427-5006 (w), email@example.com
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