FULTON – The city of Fulton released its proposed budget for 2020 today, Nov. 27, and Fulton residents will be able to voice their thoughts on it during a public hearing to be held on Tuesday, Dec. 3 at 7 p.m. in the courtroom of the Municipal Building.
An overview of the proposed budget:
Total Appropriations (Expenditures):
2019 – $16,775,050
2020 – $16,836,000
2019 – $9,959,284
2020 – $10,039,372
Adjusted Real Property Tax:
2019 – $6,888,850
2020 – $6,865,552
Total Assessed Value:
2019 – $336,074,864
2020 – $334,936,618
2019 – $0.020498
2020 – $0.02049863
The largest increase in expenditures is for the police department, adding $185,666 to their budget. The largest decrease in expenditures is for general government and contingent, taking $102,320 from its budget. Within that budget, $100,000 was cut from the Miscellaneous account.
The salaries of every city employee is also included in the last page of the proposed budget. This includes the mayor and other general city employees, the traffic department, recreation department, water department, public works department, police department, fire department, sanitation department and refuse and garbage.
The full tentative budget for 2020 can be found here. It details where the city is getting its money from and which expenditures it will go toward.