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Jerome, Idaho ( KMVT-TV / KSVT-TV ) Every year, cities across the nation set out a tentative budget for the upcoming year.
On Monday night, the Jerome City Council adopted the tentative budget for fiscal year 2015.
But what does this tentative budget mean?
"What this means is they set the maximum spending limit for the City for next year. And that amount is approximately 19.5 million dollars," explains Mike Williams, City of Jerome.
That's down from last year, from 21 million down to 19.5 million.
But what's the reasoning behind this decrease?
"I would say overall some of the decreases are related to reduction in personnel. We've had some vacant positions with the City over the last several months... six positions that we are not going to fill and we'll eliminate," Williams says.
The second is due to a decrease in spending for the year when it comes to the waste water project.
Another change this year is an increase in local property taxes.
"The preliminary budget has a 2% property tax increase built in, but it could always go lower than the 19.5 preliminary budget that we have now," explains Ross Hyatt, Jerome Financial Director.
The 2 percent increase is due to increasing infrastructure and utility needs, as well as for employee salaries that need adjustment.
If approved, residents could see a yearly increase of $3.85.
"Any citizen or anyone interested in our budget, it’s available online and all comments are welcomed. Please contact City staff or our City Council members, the mayor, or come to our meeting; we look forward to comments," Williams says.
Creating the best budget, to maintain the same level of service for the citizens of Jerome.
A public hearing will be held on Tuesday, August 19th at 5:30 to discuss the budget.
It will take place inside the Jerome City Council Chambers located next to city hall.
If you would like to view the entire preliminary budget, log onto www.ci.jerome.id.us.