The city of Laurel experiences shortfall - WDAM-TV 7-News, Weather, Sports-Hattiesburg, MS

The city of Laurel experiences shortfall

By Ontario Richardson – bio | email | Twitter

LAUREL, MS (WDAM) - The Laurel City Council is weeks away from finalizing its 2011 budget after experiencing a shortfall this fiscal year.

Budget Chairman Tony Wheat said the city fell short in sales tax revenue this year. He said it's important the city watch its expenses and collect as much tax revenue as possible this upcoming year.

The City Administrator, Dennis Keveryn said the city only has about $600 in reserve and anything unexpected could set the city back.

Keveryn said, " It is going to be a very fragile budget. We won't be able to experience any hiccups, like gasoline prices go up or any disasters we will be in trouble; however, we are in a position were we can adjust rapidly."

He said if anything should happen jobs will be the first thing cut.

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