The increase would bring Milton’s share of the project to $2.5 million, Stacey Inglis, assistant city manager, told councilmembers at their council work session Monday. With $1 million in funding already budgeted for this year, Inglis recommended splitting the remaining $1.5 million for the project between this year and next year, adding $750,000 to this year’s budget.
She requested the council’s approval to use money from the city’s general fund balance to cover the expense.
Inglis also discussed adjusting the budget to reflect projected changes to revenue sources, including increases in property taxes, franchise fees and building permits, and decreases in court administration fees and fines. A $100,000 increase in revenue collections from building permits is proposed. Inglis said the city is seeing higher-than-anticipated building permits with about 300 homes projected to go up this year.
“That’s pretty substantial,” she said.
City Manager Chris Lagerbloom suggested court fees and fines might be down with an emerging trend in offering offenders the option of performing community service instead of facing fines.
The city council will consider these mid-year budget adjustments and others at its council meeting Monday at 6 p.m. at City Hall.