Bastrop, Tx–The city council will gather at 2 p.m. Friday, March 20 for a review of Bastrop’s revenue and spending plans for FY 2009. The session is slated for City Hall, 904 Main St.
The chief focus of the review is expected to be how closely current revenues from sales tax, hotel occupancy tax, property tax and other income sources such as water and electric sales are following budget projections from last September. At the time of the budget approval last year, council members indicated that economic uncertainties suggested the wisdom of a revenue review about mid year in case spending plans need to be adjusted or curtailed for the final months of the budget year.
Bastrop’s fiscal year runs from Oct. 1 to the following Sept. 30.
Tags: Add new tag, city budget, spending plans, tax income