A reminder about the importance of staying on schedule when it comes to budget matters was provided at Tuesday night’s Knox City Council meeting.
Clerk-Treasurer Jeff Houston alerted members that the budget process is currently in underway. He noted that the first step is to balance out the month of June and then come mid-July, he will meet with a field representative from the Indiana Department of Local Government Finance. Continue reading
The Knox City Council received a financial update from Clerk-Treasurer Jeff Houston this week.
On Tuesday night, Houston informed the council that the City of Knox is in pretty good financial shape since they had more money at the end of 2017 than they started with at the beginning of the year.
Later, Houston explained that at the start of 2017, the city had around $3,994,645 and it ended the year with $4,146,321. That’s a net gain of $151,676 or a 3.8 percent increase. Continue reading
