Lisa Wasner, Shenandoah finance director, also briefed the council on individual budget items, including the general fund revenue with the information available as of July 13.
Wasner said she is still waiting on current tax revenue numbers from the state.
The 2022-23 proposed operating budget shows an estimated $10.3 million in revenue for the upcoming fiscal year. The city had around $10.5 million in revenue for the fiscal year 2021-22 budget.
The proposed budget also indicates sales tax revenue is anticipated to bring in around $7.6 million, up from $6.6 million in the previous year.
Wasner also said she has been working with Byron Bevers, Shenandoah Municipal Development District president, to set up an equipment replacement fund to move some operating expenses, including pool and park expenses that are eligible for the district, which will remove the costs from the general operating budget.
