Wayland's budget adds to reserves, ups council pay
Wayland City Council members unanimously approved an unchanged millage rate of 16.3673 mills and a spending plan of a little more than $5 million for its 2014-2015 budget during the June 16 council meeting.
Public hearings for truth in taxation and the budget fielded no comments.
Mayor Tim Bala said the millage rate has been the same since at least 2008 when he took office.
City manager Mike Selden said with $5,361,812 budgeted for revenues and $5,147,188 budgeted for expenses, $163,946 was left, which included not only the general fund, but water and sewer, too.
“Our general fund balance as of July 1 is $1,252,673,” he said.
With an improving fund balance, the budget included raises for council members.
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