News and Tribune

Floyd County

May 9, 2013

Floyd County moves forward with plans for park

Council approves new budget

(Continued)

NEW ALBANY —

Prior to making the appropriations, Schellenberger said the council rescinded its previous budget and started from scratch. 

The council has been dealing with budget issues since it was revealed the county had a $2.4 million deficit. Council members said wrong figures from the Floyd County Auditor’s office is what led to the problem late last year when figuring up the 2013 budget. 

The additional appropriations were hammered out at a work session two weeks ago. 

The original budget of $11.2 million that was submitted to the DLGF was rejected because it did not have the revenue stream to support it.

However, council members hope after two months of number crunching and cuts, the new appropriations of $12.3 million will be approved.

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