Bay St. Louis mayor sets record straight about finances - WLOX.com - The News for South Mississippi

Bay St. Louis mayor sets record straight about finances

BAY ST. LOUIS, MS (WLOX) -

Bay St. Louis Mayor Les Fillingame wants to set the record straight about the city's budget.

Revenues may not be exactly what officials projected but he says it is no reason to worry.

Fillingame said, "Last year our initial budget projections for our general budget, which by in large is the biggest in the city, started at a little more than $12 million and by the end of the year revenues came in at about $11.1 million."

But he explains, do not let those numbers mislead you.

"Most of that $7.7 million, by in large the biggest portion of it, was just grant revenues that were not utilized. So if you don't have the expenditures on the grant side then you don't draw the revenues so it's really a net zero affect on the budget," Fillingame said.

In fact last year the city ended with a surplus which was put into a rainy day fund.

"We were able to trim expenses to 77 percent of what we projected," Fillingame said.

That is without increasing taxes or laying anyone off. "We have made a shift using some of the natural attrition to shift away from full time employees," Fillingame said.

And although this fiscal year which began in October is off to a shaky start the mayor is optimistic.

"Sales tax and gaming revenues and a couple of the other major indicators of revenues were a little disappointing those two months but the is really no indication that downward trend is going to last all year long," Fillingame said.

But if this trend does continue Fillingame says the city is prepared. "To come up on the safe side of that projection we will assume that 10 percent will continue through the year and start trimming expenses to meet that."

And he says this will not come at the expense of the taxpayers.

"We have a very hard working group of people. I think we had a higher level of municipal service last year with less money," Fillingame said.

Copyright 2011 WLOX. All rights reserved.

  • NEWSMore>>

  • breaking

    IHL board approves USM academic reorganization plan

    IHL board approves USM academic reorganization plan

    Thursday, August 17 2017 1:16 PM EDT2017-08-17 17:16:50 GMT

    The University of Southern Mississippi is one step closer to implementing a reorganization plan.  

    More >>

    The University of Southern Mississippi is one step closer to implementing a reorganization plan.  

    More >>
  • Students learn about upcoming eclipse through science experiment

    Students learn about upcoming eclipse through science experiment

    Thursday, August 17 2017 1:16 PM EDT2017-08-17 17:16:32 GMT
    Thursday, sixth grade students at Saucier Elementary School explored the upcoming solar eclipse. (Photo source: WLOX)Thursday, sixth grade students at Saucier Elementary School explored the upcoming solar eclipse. (Photo source: WLOX)

    Hands-on science experiments are an awesome way for students to learn about a particular science topic. Thursday, sixth grade students at Saucier Elementary School explored the upcoming solar eclipse.

    More >>

    Hands-on science experiments are an awesome way for students to learn about a particular science topic. Thursday, sixth grade students at Saucier Elementary School explored the upcoming solar eclipse.

    More >>
  • Edgewater Mall to give away 2,000 pairs of eclipse glasses

    Edgewater Mall to give away 2,000 pairs of eclipse glasses

    Thursday, August 17 2017 12:45 PM EDT2017-08-17 16:45:53 GMT
    (Photo source: Pixabay)(Photo source: Pixabay)

    If you're still looking for glasses to watch Monday's solar eclipse, Edgewater Mall is the place you want to be Friday.

    More >>

    If you're still looking for glasses to watch Monday's solar eclipse, Edgewater Mall is the place you want to be Friday.

    More >>
Powered by Frankly