Big decisions made in 2013
Comprehensive plan
The City of Magnolia adopted a new 20-30-year comprehensive plan for growth and development called "Magnolia on the Move."
Annexation
Annexation of new property into city limits helped annual revenue increase for fiscal year ending Sept. 30, 2013 to $2.2 million, up from $2.15 million the previous fiscal year.
Sales tax revenue increases, deficit eliminated
Sales tax revenue for fiscal year 2012-13 was up $992,000 from $900,000 the year before because of increased population and business growth. In addition, the city's almost $600,000 deficit in the general fund since 2010 has been eliminated.
Sixth Street repaving and extension
Magnolia completed a $112,000 project to re-pave and extend Sixth Street through to Unity Park Drive. This project was identified by the city as a critical step in developing the downtown area.










