Jay sees snapshot of budget
May 30, 2019
At the May 20 council meeting, Operations Manager Eric Seib gave council members a snapshot budget report, showing the town's mid-year budget numbers.
Seib said the Local Option Gas Tax was much higher than what it has been at $23,000 and the franchise tax, which became incorporated this year, is at $24,000.
The town was awarded a $600,000 Community Development Block Grant (CDBG), which accounts for most of the $800,000 increase in the budget this year so far, Seib said. The town has received $28,050 in municipal aid and there is an increase of $15,000 for miscellaneous income.