NEW ALBANY — New Albany officials are working on a new budget for its 2024 fiscal year. The New Albany Borough Council discussed the budget and sewer plant topics during
Idaho Falls City Council unanimously approves tentative FY 2024 budget postregister.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from postregister.com Daily Mail and Mail on Sunday newspapers.
NEW ALBANY BOROUGH â New Albany Borough is planning on $178,486 in revenue and $168,665 in expenditures as part of a draft 2021 budget approved for advertisement earlier this month.
The $9,821 difference in revenue and expenditures does not come with an increase in taxes, according to Council President Michelle Dunham.
The borough is expecting $22,719 in real estate and occupation taxes and $17,453 in earned income taxes.
Water and sewer funds will bring in $118,328 in service revenue.
The borough is also planning on $19,697 in intergovernmental revenues from general and highway funds.
The remaining revenue will come from interest, rents and royalties.
For public works projects, the borough estimates expenditures of $41,939 for sanitation, $17,002 for highways and streets, and $38,083 for other services.