A public hearing is scheduled Monday night on the city of Washington’s budget for the 2017-18 fiscal year.
The hearing will be held during the regular city council meeting which starts at 7 p.m. at city hall.
The new fiscal year begins Oct. 1 and will run through Sept. 30, 2018.
The new budget anticipates revenue totaling $61,403,295 including $25,358.950 in new revenue, $6,138,620 in other financing sources and $29,905,725 in projected reserves in all funds.
Expenditures and expenses in the new fiscal year are projected to be $37,129,775, which would result in total projected fund balance reserves of $24,273,520 as of Sept. 30, 2018.
Following are the proposed expenditures/expenses by category:
General Fund, $9,546,470;
Library Fund, $619,065;
Volunteer Fire Fund, $689,220;
Vehicle and Equipment Replacement Fund, $776,145;
Stormwater Improvement Fund, $1,150,000;
Capital Improvement Sales Tax Fund, $2,248,650;
Transportation Sales Tax Fund, $1,412,500;
Water Fund, $2,899,775;
Sewage Treatment Fund, $4,579,245;
Solid Waste Fund, $2,801,950;
Debt Service Fund, $3,595,135;
Agency funds, $688,000; and
Other financing uses, $6,123,620.
The council will consider oral and written comments from the public on the new budget before voting on an ordinance to adopt the spending plan.
The budget is available for public inspection in the city finance manager’s office at city hall during regular business hours.