Friday, August 27, 2010
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Gwinnett Daily Post
LAWRENCEVILLE -- The Lawrenceville City Council recently adopted a fiscal year 2011 budget of $90.6 million, about $2.7 million less than the city's fiscal year 2010 budget of $93.3 million.
The fiscal year 2011 budget amount reflects a drop in property tax revenue of about $178,000. Other revenue sources decreased while some increased.
Although budget cuts were made to balance expenditures with revenue, according to Mayor Rex Millsaps, "we haven't laid anyone off and haven't cut any services."
The mayor said that city departments have been watching spending all along.
"Our entire city staff has always been very conscious of the public dollar. We pretty much treat city money just like our own," Millsaps said. "We're always looking for ways to reduce expenditures."
The amount of the city's budget has decreased over the past several years, he said. The fiscal year 2009 budget totaled $95.9 million, and the fiscal year 2008 budget amounted to $96.8 million.
The fiscal year 2011 budget, which was approved at a called meeting Aug. 18, goes into effect Wednesday and continues through Aug. 31, 2011.
The new budget is based on a tax millage rate of 2.16 mills, the same as last year. The tax rate was set by the council in June.
The city has a $1 million contingency fund for unexpected expenses, Millsaps said.