Monterey Recommends Rate Adjustment For Water Deficit
Monterey considering a monthly water usage allowance for residents to address a significant deficit in the water and sewer budget caused by the closure of the Purdue factory. Finance Committee Chairman Jamie Phillips said the proposal adjusts the current base rate from a 2,000-gallon allowance down to 1,000 gallons. Phillips said this change is expected […]
Monterey Looking Searching For Grant Match Funds
Monterey searching its budget to find money for matching costs for two ARP grants. Monterey Finance Committee Chairman Jamie Phillips said the town had some issues putting together a tight budget this past budget season. Phillips said he was caught by surprise when he recently discovered matching funds that will need to be provided for […]
New Monterey Budget Includes Garbage Rate Increase
With final tweaks still to come, Monterey Aldermen passed the new fiscal year budget on first and second reading Monday night. Monterey Mayor Alex Garcia said officials closely examined bills in many areas and found some areas of savings. As for rates the town charges, the Finance Committee has been looking at raising garbage rates […]
Phillips Says MTAS Meeting Helped With Budget Process
Monterey Finance Committee Chairman Jamie Phillips said his recent meeting with MTAS has helped him better understand the town’s budget. Phillips said during the meeting, MTAS provided some ideas to help overcome this year’s budget starting spot of a $1 million shortfall. For example, Phillips said MTAS recommended selling off unsustainable departments like the sanitation, […]
Monterey Finance Committee Discusses Raises For Employees
The Monterey Finance Committee proposing employee raises that would add $300,000 to the town’s payroll. Committee members Thursday continued work on its next fiscal year budget. Committee Chair Nathan Walker said the town needs to retain the workers it currently has. “So we are in one of those situations to where we normally just do […]
