Budget preparations on how taxpayer funds will be spent for the upcoming fiscal year in the town of Mount Olive are in full swing.
Town Manager Charles Brown said he is expecting budget requests for the incoming year from department heads by the end of the month.
With those requests in hand, Brown said he can put together a proposed budget and ask for the town board of commissioners to schedule a work session on the budget.
Brown said when department heads provide him with their needs and he reviews if anticipated revenue will handle them, then it is time for a town board review of it all.
“Once we have all the projected numbers together, then it is time for the town board to sit down and provide their input,” Brown said.
He did tell the Tribune he expects a session with the town board sometime in February.
At this point, revenue coming in for the town looks good, particularly sales tax revenue on track to be the most ever, he said.
“I don’t see any reason that it should not continue over the next few months, and our water and sewer revenues are finally getting to where they should be and these are factors to make it all easier to deal with,” Brown said.
Years past, the town manager said, have been difficult in putting an operating budget together, but Brown said this year appears to provide “a little breathing room for us.”
The town’s new fiscal year budget does not have to be in place until July 1 when the next fiscal year begins.