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City anticipates deficit spending
The West Monroe Board of Aldermen signed off on the city's $18.1 million budget for the 2011-2012 fiscal year at the board's regular meeting Tuesday night.
The 2011-2012 fiscal year begins July 1.
While the city is projected to post a deficit of $417,871 at the end of the fiscal year, West Monroe Mayor Dave Norris believes the city will break-even when the new fiscal year comes to a close June 30, 2012.
"That's a really conservative estimate," Norris said, referring to the projected deficit.
"I really think it will be a break-even budget because we're seeing some pretty good growth," Norris continued. "I am not anticipating that we will have a deficit (for the 2011-2012 fiscal year)."
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