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Story Archives: Vidalia approves $34.2 million budget including municipal complex
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Vidalia approves $34.2 million budget including municipal complex
The City of Vidalia adopted a budget of $34.2 million for 2009-10 fiscal year Tuesday night, which included a five percent decrease in electrical rates, a pay raise for employees and funding for a new municipal building near Walmart.
The utility rate decrease will take effect the second week of July, which is the beginning of that month's billing period.
"We had two factors in the decrease in electrical rates, a decrease in our costs and an increase in sales tax income," said Mayor Hyram Copeland. "We continue to show progress with new businesses coming in. This is our fourth decrease over a period of time and we're happy to be able to help the consumers."
Total revenue for the new budget is anticipated at $34,874,809 with total expenditures expected to total $34,242,742, leaving an excess of $632,067.
The budget also includes a four percent across the board raise for city employees.
"We're excited about being able to give our employees a raise, which we've been able to do almost every year except a couple," Copeland said. "Our employees do an outstanding job and will continue to do so in serving the people of Vidalia." |
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