MIDWAY CITY COUNCIL, MAY 15, 2023 "MIDWAY IN GOOD FISCAL CONDITION"

 

By Scott White, Woodford Sun staff

Midway has begun its budgeting process for 2023-24 with a work session held last Thursday, May 11.
At this week’s regular council meeting on Monday, May 15, Mayor Stacy Thurman advised that projections for the occupational tax and other revenues are on track so there should be sufficient money available. Any budget requires choices given the limited pool of money, but “hard choices” or a cut back in services will not be required. Thurman said that the “takeaway from our fiscal status is that Midway is in a good position economically.” 
A priority of the council and Thurman is a pay increase for city employees. Thurman stated she would propose a 6 percent increase in the budget draft. Thurman scheduled a second work session for Monday, May 22 at 5:30 p.m. which is open to the public. The council and city staff will then be able to engage in a more detailed analysis and have the ability to finalize a budget to be voted on later. Thurman indicated this should allow council to enact the budget on time.

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