At Monday night’s meeting the Milton City Council approved changes to the 2012 fiscal year budget as well as the full 2013 fiscal year budget.
Staff submitted a budget for 2013 they said was built on the foundation of sustainability of existing services, quality of life through capital programming and enhancement to services through operating initiatives.
The budget presented Monday night included three changes from other versions that had been seen already: $12,000 added for the hazardous waste recycling day, $250,000 for sidewalk constructions and $35,000 for a part-time economic development position.
The budget was set conservatively on expenses, City Manager Chris Lagerbloom said, and now with more accurate numbers they believe the $35,000 for the economic development position would be available.
“We’re able to say I know there will be at least $35,000 in expenses that come down,” he said. “I’m comfortable doing that if [the council] thinks that that’s a good thing to do.”
The budgeted revenues for 2013 are $18,338,110 and expenditures are $20,408,894. The city plans to use $2,070,784 from reserves, and Councilmember Karen Thurman said the extra spending is for one-time expenses.
“When people see our financial statements and they say, ‘Your revenues are less than your expenditures for the upcoming budget,’ we need to remember that what we’re spending the difference on is one-time things, it’s not reccurring items,” she said, “The Georgia Municipal Association recommends an 18 percent reserve fund. We should only be a little over $3.5 million and our reserve fund after all this will be closer to $6 million so we’re still well above what they recommend.”
Council did approve the budget with the changes including the money for an economic development position.
The 2012 budget amendments also passed, accounting for revised numbers.
“The  budget amendments as mentioned during the public hearing that we had Sept. 5 are simply to revise the departmental budgets to bring them in line with what we actually have expensed or collected in revenues or what we anticipate to what we’ve done by the end of the fiscal year which ends Sept. 30,” said Finance Director Stacey Inglis.