City of Lula special called meeting
When: 9 a.m. Monday
Where: Lula City Hall, 6055 Main St.
Elected Lula city officials will get a first look at their fiscal year 2018 budget at a special called work session scheduled for Monday.
City Manager Dennis Bergin said City Council will review Lula’s spending plan for the new fiscal year that begins July 1.
“We are early in the process,” Bergin told The Times on Sunday. “... So we can anticipate changes and comments from the council as the process matures.”
As in years past, the new budget proposal will not include property taxes, Bergin said.
Lula and Clermont are the only local governments in Hall County that keep property taxes at zero, according to government finance reports compiled by the Georgia Department of Community Affairs.
Instead of property taxes, Bergin said Lula would continue to rely on sales tax revenues and fees to operate. Bergin added that the new budget proposal “remains a conservative approach to revenues and expenditures.”
Over a six-year period, from the fiscal year ending June 30, 2010, through the fiscal year ending June 30, 2015, revenues in Lula have increased 52 percent to just over $1 million without taxing real and personal property, according to the city’s filings with DCA.
During the same six-year interval, revenues from a local option sales tax and special purpose sales tax have increased almost 40 percent to $650,371.
“The budget development is based upon historical data over the past few years, current trends and anticipated growth,” Bergin said.
The city also prepares a separate budget for water and sewer operations expected to exceed $600,000.