WHITE SPRINGS — After two delays, the White Springs Town Council has finally approved a tentative budget for Fiscal Year 2019-20.
The council unanimously approved the tentative budget of $6,569,916 at a meeting Wednesday. It held a workshop Tuesday to further discuss the budget.
That budget, which has $2.27 million in the general fund and nearly $4.3 million in the enterprise fund, is an increase of $359,099 from the previous fiscal year.
The council will meet Tuesday at 6 p.m. for its final budget hearing. The council’s regular monthly meeting will follow at 6:30 p.m.
The town’s millage rate of 4.3903 mills was previously approved during a Sept. 11 hearing. That rate is the town’s rollback rate, which provides the same amount of tax revenue as the previous year’s rate of 4.4134 mills.
Part of the delay in approving a budget came from concerns with transferring of funds from the enterprise fund to the general fund. The council approved a limit of $50,000 in transfers from the two funds as well as cuts in the budget for code enforcement, special events, legislative travel expenses, general government travel and training as well as repair and maintenance.
Both the White Springs Police Department and the White Springs Fire Department also had budget cuts, with WSPD being allocated $3,000 less and the WSFD budget receded by roughly $9,000.
The town’s reserves are approximately 2.5 months.