Troy City Council presents biggest budget in history
Published 3:00 am Wednesday, September 28, 2016
Mayor Jason Reeves presented the Troy City Council on Tuesday with the biggest budget in the city’s history.
The budget total comes in at just over $70 million. The budget for the general government fund is $29 million and the budget for the utilities fund is $41 million.
Total budget expenses increased 3.9 percent from last year, with level expenses in the utility fund and a 9.7 percent increase in governmental funds.
Budgeted revenue includes a 5 percent increase in governmental revenue and a 10 percent increase in utility fund revenue.
The council must pass a balanced budget by October 1 under state law. The council will reconvene on Thursday, September 29 at 5 p.m. and could pass the budget then.
The council had other business at the meeting as well, unanimously awarding a bid for an upgrade to the Barron Road Well for $369,400.
The council approved for Mark Foster to be hired to do promotional testing for the Police Department, which includes writing the written and oral exams and administering them.
The council also passed an ordinance clarifying that the Utilities Superintendent can waive utility deposits based on good credit.
The council also recognized the Charlie’s Angels donations to schools in Pike County, including schools in the Troy City Schools system, the Pike County Schools System, the Troy-Pike Center for Technology, Pike Liberal Arts School, New Life Christian Academy, Covenant Christian School and OCAP.
Charles Henderson High School JROTC, Goshen High School JROTC, Pike County High School JROTC and Pike Liberal Arts School each received $1,000 from the organization.
All other schools received $200 each and OCAP received a total of $400. The total amount donated adds up to $6,000.
Reeves commended the work of Councilmember Charlie “Sarge” Dunn, who served as the commander of Charlie’s Angels.
“For those who don’t know, Sarge has been doing this long before he was on the council,” Reeves said.
The council adjourned to reconvene on Thursday, September 29 in order to consider amending the project agreement with Harbert Realty Services, the owner and developer of the Park Place Commercial Development.
Reeves said that the purpose of the amendment is to memorialize and finalize the agreement.