Bastrop, Tx–City Hall will be the scene of two sessions on March 3 to review the municipal budget five months into the fiscal year and to continue work on designs for a new city hall and a convention center.
The design advisory panel, including Mayor Terry Orr and City Manager Mike Talbot, will convene at 4 p.m. Other city council members may also join the session, and the public is invited to attend, said Orr.
The second meeting, a formal council session focused on the city budget, will begin at 6:45 p.m. The council hopes to get an update on how revenue projections and city spending so far in troubled economic times is matching up to budget projections from late last summer.
This week Orr said so far sales tax revenues are running some 6 percent above income from the same period during the previous budget year. Sales taxes and income from Bastrop’s hotel occupancy tax are of special concern to the council since those revenue sources are of major importance to city plans and spending needs and perhaps the most likely to vary with economic conditions in the region, state and nation.
The budget review session is also a public meeting.