Century Approves $5 Million Budget

September 20, 2011

The Town of Century gave final approval Monday night to a $5 million 2011-2012 budget that is up almost $1.7 million from last year — thanks to $1.9 million in grants.

The $5,032,816 budget includes grant income and expenditures of $1,913,000. The grant funds are from state and federal sources — not local revenue or taxes.

“It’s money in and money out,” Mayor Freddie McCall said of the budget increase for the grants. “If we did not have the grants in there we would be less than the previous year’s budget,” Robert Hudson, the town’s accountant, added.

The $1.9 million in grants included in the budget are:

  • CDBG Housing Grant, $650,000
  • Energy Grant, $100,000
  • Residential Construction Mitigation Program Grant, $100,000
  • FEMA Hazard Grant, $823,000
  • Housing Preservation Grant, $50,000
  • Sewer Filter Grant, $190,000

There will be no increase in ad valorem taxes this year to meet the budget for fiscal year 2011-2012, which begins October 1.

The Century Town Council is expected to give final approval to the new budget at their meeting at 7 p.m. at the Century Town Hall. A public hearing is scheduled for immediately prior to the budget adoption vote.

To view a summary of the budget in pdf format, click here or the image below.

Pictured: Century council member Sandra McMurray Jackson reviews the town’s 2011-2012 budget during a special hearing earlier this month. NorthEscambia.com photo, click to enlarge.

Comments

2 Responses to “Century Approves $5 Million Budget”

  1. 429SCJ on September 20th, 2011 2:16 pm

    If the City Council is anything like some of the negative comments posted, regarding the acceptance of Federal Grant Dollars, I would imagine Mayor McCall was swinging his shoe, to get this approved.

  2. Mama Chief on September 20th, 2011 10:28 am

    So proud of all your hard work Bro. Freddie. Great Job! Wish that I could vote for you!
    Not in the city limits.lol

Written by William Reynolds · Filed Under News