Nicholson's budget up 12.9%

“This is still a cut-throat budget,” Mayor Ronnie Maxwell said. “It is up over last year due to a projected increase in revenues.”

Revenue projections for 2012 are: $383,544 in taxes; $6,500 in licenses and permits; $65,850 in charges for services; and $7,000 in miscellaneous revenues.

Expenditures include: $197,978 for personal services/EE benefits; $73,340 for purchased/contracted services; $18,103 for purchased-property services; $57,460 for cleaning services; $6,120 rentals; $19,112 for contract labor; $70,780 for supplies; $12,501 for capital outlay; and $7,500 for other costs.

A public hearing on the proposed 2012 annual budget will be held at 9 a.m. Monday, Nov. 7, at city hall. The council will vote on the 2012 budget at its monthly council meeting set for 7 p.m. on Monday, Nov. 7, at the community center.