CATEGORY: Marshall County


Hed: Holly Springs trims budget for new fiscal year

By Michaela Gibson Morris

Daily Journal

Holly Springs trimmed its 1997-98 budget by 4 percent from its last fiscal year.

The city reduced its new $3.6 million budget by about $146,000 from the 1996-97 budget year.

The city significantly reduced its planned expenses for street department capital outlays by about 355,000 for the 1997-98 fiscal year, but added about $80,000 to its supplementary budget.

The recreation department completed construction on a multi-purpose center, reducing its budget by about 210,000 cut from its other services and charges budget from the 1996-97 budget year.

Only the cemetery, garage and sanitation departments had cuts in their personnel services budgets from the 1996-97 fiscal year.

The sanitation department personnel budget was cut by nearly 20 percent because the department was combined with the street department.

City government millage rates remained steady at 20.55 from the 1996-97 fiscal year, school millage rates increased by 0.13 for the 1997-98 fiscal year. The total city tax levy for the 1997-98 fiscal year came to 68.43.

The budget projects the city will receive about $100,000 more in ad valorem tax revenues during the 1997-98 budget year. A mill is worth $1 for every $1,000 in assessed value, not including homestead and other exemptions.

The city did increase capital spending by more than $200,000 for the general government.

The fire department received about $90,000 more for capital expenses, about a 70 percent increase over the 1996-97 budget to purchase a new fire truck. The police department received about $38,200 more, about a 75 percent increase from last year.

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