LELAND — Leland residents will not see any changes to their millage rate going into the new fiscal year.
The City of Leland Board of Aldermen adopted and approved a final budget for the 2019-2020 fiscal year ending in September 2020.
The meeting, which was held Thursday at Leland City Hall, was unanimously approved by the mayor and board members.
The city’s current millage rate of 44.3 will not be altered and will produce the same amount of revenue from ad valorem taxes as was collected the previous year.
Mayor Kenny Thomas said he is proud he and the board were able to sit down and work with the money they had and remain within the budget at the end of the day.
“I think everybody in the city limits of Leland will be glad to know that the property taxes and car tags will not be going up because of the City of Leland,” he said.
The city’s total revenue going into the new fiscal year is $7,926,999 and expenditures amount to $8,070,383. The excess revenue fund of $412,491mitigated the $143,394 in excess expenditures and yielded $269,097.
Of the city’s expenditures, $205,925.73 was expended to general government/executives; $639,413 was expended to administration; $1,253,091 was expended to the police department; $164,874 was expended to the fire department; $461,666 expended to the street department; $108,298 was expended to parks and recreation; $2,395,058 was expended to the electric department; $606,671 was expended to the water department; and $474,544 was expended to solid waste.
Of the city’s revenues, $2,805,427 will be allocated for the general fund.; $616,406 for the solid waste fund; $3,435,000 for the electrical fund; $835,800 for the water and sewer fund; $25,582 for the fire protection fund; $208,593 for the bond fund; and $191 for the drug enforcement fund.
