Knox Clerk-Treasurer Jeff Houston briefly mentioned the ongoing budget process to City Council members during his report Tuesday night.
Houston explained, “We’re working on the budget right now. We meet with the field representative on the 19th and that’s where we are right now, pretty busy.”
He didn’t discuss the budget any further during Tuesday’s meeting.
However, according to a tentative calendar that Houston provided at the final council meeting in June, another important date is coming up at the end of this month.
On Wednesday, July 31st the Department of Local Government Finance (DLGF) is expected to provide circuit breaker estimates to taxing units.
There are also a few dates during the month of September that officials should be privy to. For instance, Thursday, August 1st is the last day for the County Auditor to certify the county net assessed value to the DLGF.
In order to properly follow the state-mandated procedures, the budget has to be published.
The calendar notes that it must be submitted to legals by Wednesday, August 14th and states that it will run two times. The budget legal will first appear in the paper on Thursday, August 22nd.
In addition to those dates, there are a few more in September that Clerk-Treasurer Houston wanted city council members to be aware of.
The public hearing for the budget is scheduled for 7 p.m. on Tuesday, September 10th and the budget adoption meeting will take place on Tuesday, September 24th. Both will be held in conjunction with the city council’s regularly scheduled meetings.
Houston previously mentioned that all members should be in attendance during the budget adoption meeting so they can stay on schedule and avoid any complications with the process.
If there are any issues with those dates, the City’s DLGF field representative will inform Houston and adjustments will be made.
