Leitchfield signs off on deficit budget

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By Rebecca Morris

Leitchfield expects its expenses to exceed revenue by more than $700,00 in the coming fiscal year, under its recently-adopted budget.
During a special meeting June 27, the city council signed off on the 2017-18 budget, which took effect July 1.
It projects revenue in the general fund at $7,446,622, in the utilities fund at $6,811,250 and in the tourism fund at $978,700.
However, spending in the general fund is expected to hit $7,851,345, while spending in the utilities and tourism funds are projected to hit $7,200,280 and $813,700, respectively.

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