Council approves 2014-2015 budget

by

Sydney Cromwell.

At its Sept. 22 meeting, the city council approved the $55 million city budget for the 2014-2015 fiscal year. This includes $40.8 million for the general fund and $1.2 million for debt services. Ward 3 representative Walter Jones said the finance committee expects $52.3 million in revenue, with carryover funding from 2013-2014 making up the rest of the funds.

The budget includes $215,300 for merit raises, $900,000 for new police vehicles and $350,000 for two new garbage trucks. The council allocated $600,000 for road paving, including $400,000 from last year’s budget for the Valley Avenue resurfacing project. Sidewalk projects were budgeted for $365,000, which includes $265,000 from the 2013-2014 budget.

Phase II of the greenway project received $1.1 million, and engineering for the I-65 and Lakeshore improvement project was budgeted for $100,000. The West Oxmoor improvement project received $450,000, which includes $400,000 from last year’s budget.

A full version of the 2014-2015 budget will be available on the city website, homewoodal.net, by the end of the week.

Other council business included:

The next city council meeting will be Monday, Oct. 13.

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