Written by Kathy Olivarez Friday, 03 August 2012 08:00
MISSION – After rejecting a draft budget presented by staff during a budget workshop held July 16, the Mission City Council approved a revised 2012-13 preliminary budget in a special meeting held Monday, July 30. The proposed budget of $41,081,000 is $73,590 less than the budget adopted for the current fiscal year ending Sept. 30.
The revised version of the city’s preliminary budget presented Monday included several changes designed to bring up the projected fund balance in the General Fund to an acceptable level. The new fund balance figure that is projected at the end of 2012-13 is now at $4,737,000, according to the revised numbers – up from the preliminary number of $550,000 presented by staff to the council two weeks ago. Mayor Norberto "Beto" Salinas made it clear to staff during the prior workshop that the numbers presented were not acceptable.