Denham Springs Council adopts budget
DENHAM SPRINGS, La. - The Denham Springs City Council has adopted an operating budget for 2013-14 that assumes no increase in sales tax revenues and strikes employee cost-of-living raises for the fifth straight year.
The $22.2 million consolidated operating budget is comprised primarily of the city's $10.5 million general fund and $10.5 million utility fund.
Sales tax collection is projected to remain steady in the general fund at $6.9 million, forming the bulk of the city's $8.2 million in tax revenues.
Mayor Jimmy Durbin says the projection does not include sales tax collections expected to begin in the second half of the fiscal year after several new stores are slated to open.