Biloxi leaders are hard at work putting the finishing touches on next fiscal year’s budget and the public will have the chance to make their voices heard on the issue.
COVID-19 causes some fiscal adjustments for Biloxi budget
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- biloxi leaders are hard at work- putting the finishing - touches on next fiscal year's - budget, and the public will hav- the chance to make their voices- heard on the issue.
- city officials tell news 25 the- budget for fiscal year 2021 - will not raise taxes for- residents, but they will see a- 30- cent increase in garbage- collection fees.- leaders have had to make- adjustments after five-million- dollars in revenue was lost due- to the covid-19 - pandemic, but revenue and - expenditures will be almost - evenly matched.
- as of now, the projected- operating revenue will be - just over 63 million dollars, - while expenditures- will hover around 62 point six- million dollars.- - "we firmly believe in biloxi that once this- pandemic gets behind us, we're- going to be rocking and rolling- just like we were - before the pandemic, just like- we were before hurricane- katrina.
It's a budget- that, in this day and time, the- mayor's glad to be able to- explain to people."
A public meeting is scheduled - for 5:15 p.m.
At city hall- - - - tomorrow for residents to hear- more and speak on the budget.
- the city's fiscal year runs fro- october 1st to september 30th - each year, and a city council - vote on the new budget is