Tusculum City Board To Vote On 2019-20 Budget
Monday, June 24, 2019
by Jim Miller - Radio Greeneville News
The Tusculum Board of Mayor and Commissioners will meet tonight to adopt the city's 2019-20 budget.
The budget was approved on first reading at the May 28 meeting and includes $250,000 for the purchase of a new garbage truck, along with money for repair of an existing truck. Also budgeted are employee raises, replacement of a mower at a cost of $10,000 and hoses for the Tusculum Volunteer Fire Department.
Total estimated revenues for the 2019-20 fiscal year are just over $725,000, with estimated expenditures of slightly more than $693,000 for a surplus of approximately $32,000. Tusculum's fund balance will be nearly $1.25 million at the end of the current fiscal year.
A public hearing will precede the vote on the Tusculum city budget during tonight's meeting, which begins at 7:00 PM at City Hall.
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