City Council Amends Budget
Lebanon’s Finance Director presented budget amendments to Lebanon City Council on Monday night. Kat Gill shared some of the highlights of the amended 2021 budget, including decreases in revenue and expenditures in some areas.
Gill said water and wastewater looked like a big decrease in revenue and expenses, but that is tied back to the bond. The sales tax was about a million dollars more than budgeted, and while the electric budget was nearly $598-thousand over, the city is still expecting about $1.2-million-dollars to come in. Following the presentation, Lebanon City Council approved the amended 2021 budget.