St. Helena budget has surplus

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Posted: Dec 19, 2012 10:26 AM
Source: Associated Press

  Rating: 5.0 (1 vote)

Topics: greensburg, st. helena, budget, police jury, revenue, money

GREENSBURG - The St. Helena Parish Police Jury has adopted a budget for 2013 that would keep expenditures below projected revenue and add money back to the parish's fund balance for only the second time in four years.

The Advocate reports general and special fund revenue for 2013 are projected to total $6.8 million. That's compared with just under $5.8 million in expenditures, raising the parish's total fund balance reserves from $5 million to nearly $6 million by year-end.

The Police Jury approved the budget Tuesday.

The general fund balance would rise from $289,000 to $305,000, while the special revenue fund balance would increase from $4.7 million to $5.7 million.

Accountant Terry Sibley said he estimated revenues conservatively for 2013, despite recent increases in severance taxes and other revenue realized in 2012.

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