Budget ends with surplus
Published 12:03 am Friday, July 10, 2015
VIDALIA — The City of Vidalia ended its 2015 fiscal year with a $2,226,275 budget surplus.
The surplus was reflected in the amended budget for the year that the city’s board of aldermen adopted following a public hearing Thursday night.
In the amended 2015 budget, the city had $37,978,818 in revenue and $35,707,543 in expenditures.
The board also adopted a budget for the 2016 fiscal year, which started July 1.
The 2016 budget predicts an approximately $3 million surplus at the end of the fiscal year.
In the adopted budget, the city predicts a total of $42,078,500 in revenue and total expenditures of $39,029,525.
While approximately 30 residents attended the brief meeting, no one voiced an opinion during the public hearing.
Vidalia Mayor Hyram Copeland said the newly adopted budget is “one of our better budgets we have had.”
“We are very proud of it, and it is through the hard work of department heads and our aldermen working with us,” he said. “We have a good year with a lot of good projects ahead of us, and we are excited about it.”
During the hearing the board also voted to reappoint all of its professional staff — including city attorney, accountant, clerk and tax collector, assistant clerk and department heads — without any changes. Alderman Vernon Stevens was re-appointed mayor pro tempore. Alderwoman Mo Saunders was not present at the meeting.