Much of Medical Lake’s 2014 preliminary budget remains unchanged from this year.
Overall, the city has a $9,291,652 total budget for 2014, up from the projected $9,090,791 budget for 2013. The Current Expense fund is set to increase from $2,930,148 to $3,230,629 in 2014. Property and excise taxes are the largest sources of revenue for the general fund.
The City Council held a public hearing on the preliminary 2014 budget at its Tuesday, Nov. 19 meeting.
One noticeable decrease in the 2014 budget is the streets fund, which drops from $310,707 to $251,883. Also dropping is the water/sewer...