Budget on tap for city council meeting Tuesday

By: 
Steve Reagan
Staff Writer

Big Spring City Council members will get their first look at the proposed municipal budget for the coming fiscal year when they meet at 5:30 p.m. Tuesday in council chambers, located at 307 E. Fourth St.
Working off input received from the council earlier this year, City Manager Todd Darden will relay proposed budget details during the meeting. And if Darden and his staff follows that input, the new budget will be very no-frills in nature.
Financial realities point to a leaner-than-usual budget for the coming fiscal year. For starters, the city is expected to see a $50 million drop in taxable values from the previous fiscal year, and, on top of that, officials are expecting to see a decrease in sales tax revenue, as well. To make financial matters even worse, one of the city’s top taxpayers, Western Containers, is expected to close its doors within the next three months.
“There’s no doubt we’ll have to be more creative in the coming fiscal year,” Darden said. “It’s going to be quite a challenge for the staff to present a balanced budget.” In fact, the city is facing an operating budget shortfall of approximately $280,000, he added.

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