Salem City Budget For Next Fiscal Year To Be in Black
"We are in good shape because we can budget the general fund in the black. That is my measuring stick. All of our city operations we can show that we can operate within the revenue we plan to bring in," said Gruen.
Gruen says that will allow for some projects to be completed in the coming year in various city departments. "We're projecting a very slight increase in some of our some of our important tax revenues including sales tax revenue. Property taxes go up just a little bit. Our health insurance expenses we are budgeting to go down a little bit. I think we have over budgeted in the past, so we are able to show some decrease there," said Gruen.
Gruen is pleased with the conservative budgeting by the department heads that also kept the budget in check.
A work session to go over the budget will be scheduled for next month prior to the city council being asked to adopt it.
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