ATOKA – Last week, city officials proposed a $6.3 million budget for the 2013-2014 fiscal year, a budget that includes a 3 percent raise for municipal employees and $1 million in capital purchases.
Additionally, the property tax rate will remain unchanged.
Town Administrator Brian Koral said projected revenues for the remainder of FY2013, which ends on June 30, will be an estimated $3.5 million, which is $350,000 above the same period in 2012. When the budget was created, revenues were expected to exceed $3.65 million, however the Meade Lake Road project, which was budgeted to provide $500...
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Echo Day, eday@covingtonleader.com
The Leader