Council gives new budget first reading

The Greybull Town Council on April 8 approved on first reading its proposed budget for the fiscal year that begins July 1.
The budget is very similar to the one that was approved for the current fiscal year, according to Administrator/Finance Director Carrie Hunt.
Ordinance 895 anticipates $3.4 million in revenues:  $1.35 million general fund, $900,000 water fund, $360,000 sewer fund, $380,000 sanitation fund and $433,000 capital improvements fund.
Expenditures of $1.35 million in support of general fund activities along with $1.64 million in enterprise (water, sewer and sanitation) spending are projected.
The budget for the current fiscal year earmarked $1.34 million in general fund spending.
Town residents are likely to experience some pain in their wallets, however. Ordinance 896, which also passed on first reading, would raise water rates by approximately 3%.