Following city council approval of its mid-year budget adjustment on Tuesday, Brookhaven will add more than $600,000 to its reserve. According to City Manager Marie Garrett, a budget adjustment became necessary when the city council adopted a lower millage rate earlier this year.
“We wanted to be sure we had sufficient funds to carry out all services agreed on in the budget, and we were able to do that,” she said.
The city is receiving higher than expected revenue in the 2015 budget, such as the tax digest, and currently has about $4 million in reserve. The council considered several uses for the reserve funds, including police department services, the tourism general fund and the city’s community development program.
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