NEWBORN - The Newborn Town Council is expected to approve the 2008 budget and millage rate at its Monday night meeting.
The budget is typically approved in December for the next calendar year, but was delayed this year due to uncertainty over some project costs, Town Clerk Lisa Rowe said.
The town has been operating on the 2007 budget for the past six months, she said.
According to the town charter, if the budget is not approved at the beginning of the fiscal year, the prior year's budget is "deemed adopted for the ensuing fiscal year on a month-to-month basis, with all items appropriated accordingly until such time as the mayor and council adopt a budget."
Budget approval was delayed due to uncertainty over the amount of monthly payments the town will make to the Georgia Environmental Facilities Authority for a more than $750,000 loan secured for a water pipe project.
A planned pipe extension into Jasper County was not completed, so about $60,000 of the loan will not be used, Mayor J.W. Cummings said.
"To get an accurate budget, we had to wait until we closed out on some stuff. We just took the old budget and lived with that until we figured out what we were doing financially," he said.
Rowe said the council has also been waiting to get a purchase price on property near Town Hall that will be used for employee and library parking.
The proposed budget projects $343,415.01 in revenues and expenses, an increase of less than $3,000 from 2007.
The proposed millage rate is 1.799, a rollback from last year's rate of 1.819.
A public hearing is scheduled to take place prior to the budget adoption.
The council meets at 7 p.m. at Newborn Town Hall at 4224 Ga. Highway 142.
Crystal Tatum can be reached at firstname.lastname@example.org.