In its first meeting since March, Eddyville City Council on Monday introduced its new spending plan for the fiscal year starting July 1.
Held remotely by Zoom and broadcast live on Facebook due to social gathering concerns amid the coronavirus outbreak, the council gave first reading to a new $3.35 million budget for Fiscal Year 2020-21.
The bulk of the city’s proposed general government revenue is from property taxes totaling $906,600. Franchise fees offer an estimated $388,600.
Meantime, combined water and sewer revenue is anticipated to be $1.38 million, though that money is restricted to those respective funds.
The following expenses are projected: Police, $397,298; street department, $392,107; water department, $720,915; sewer department, $572,134; fire department, $355,220; and park board, $117,780. General government expenses account the bulk of other proposed spending.
A second reading will be required for final approval before July 1.
Monday’s meeting was the body’s first session since the pandemic limited social gatherings in mid-March. It is also the only Eddyville City Council meeting ever held remotely by internet or teleconference technology.
A recording of the meeting is available on the City of Eddyville’s Facebook page.
A summary of the proposed City of Eddyville budget can be viewed online at HeraldLedger.com.