GREEN RIVER — The Green River City Council will consider approving a balanced budget for Fiscal Year 2021-2021 during its meeting Tuesday evening.
The Council will consider adopting the approximate $53 million budget during its meeting at City Hall at 7 p.m. There will be a public hearing for the proposed budget before the Council considers it for approval later in the meeting.
The budget’s estimated beginning fund balance as of July 1, 2021 is about $32 million. With revenues estimated to be $20.7 million, the estimated available funds is roughly $53 million.
At the end of FY22, the City of Green River estimates that there will be $6.5 million left over.
The general fund beginning balance, starting on July 1, 2021, will be about $10.9 million. Chris Meats, Green River Director of Finance said the estimated ending fund balance on June 30, 2022 will be about $577,689. To get this balanced budget, Meats said he had to use $1.8 million of American Recovery Act funds.
The beginning fund balance for the capital projects budget is estimated at $5.9 million and the risk management budget is estimated to be $1.1 million. The wastewater budget is estimated at $7.8 million, the solid waste budget at $1.3 million, and the water budget is estimated at $4.6 million.
“We are at a balanced budget so that’s a great thing,” Meats said.
Early retirement programs, as well as reorganization within the city departments, helped in reaching a balanced budget he said. Meats added that they had to cut back on their under-utilized services in order to continue to fund their more popular services.
The city is cutting a little over half a million dollars from last year’s budget in order to balance the FY22 budget. However, he said they did not make across the board cuts, but rather used priority when making cuts.
“You can’t continue doing more with less,” Meats said.
Meats said one of the factors hurting the budget is the lowest projected sales tax revenue the city has seen since 2003. Another factor is the city’s operating expenses being greater than the operating revenues. He said the city can only dip into reserves for so long.
Meats said he used a “significant amount” of American Rescue Plan funds in balancing this year’s budget, which are temporary monies.
The Council will consider authorizing the Parks and Recreation Department along with the Engineering Division of Public Works to submit an application for a WYDOT Transportation Alternatives Program (TAP) Grant to replace the concrete pathway at Riverside Memorial Park and add pathway lighting.
The project would replace a .42 mile loop of concrete pathway that is in poor condition, and add lighting.
To view the full meeting agenda, click here.