Practicing fiscal responsibility is paying off for the City of Huntsville, according to a mid-year budget review of the 2012 fiscal budget that shows revenues running $1 million ahead of projections.
“Things are growing faster than expected and that shows that people continue to have faith in this community and are willing to invest,” said Huntsville Mayor Tommy Battle. “The increased revenues have finally given us room to breathe and the opportunity to go back and address those things that we have deferred in this tough economic climate.”
Even though the City is on track to meet 2012 budget expectations and goals, Mayor Battle says his administration will continue to exercise restraint. That’s because the City’s spending side is on target, too, and Finance Director Randy Taylor reports that unforeseen costs, such as fuel increases, could easily absorb any savings by the end of the year.