Pond, train stay in as council approves budget

 

SHERIDAN — No further amendments were made to the city of Sheridan’s $55.06 million Fiscal Year 2022 budget as it was approved Monday.

The recommended appropriations are significantly higher than the $40.70 million in appropriations approved by the council in Fiscal Year 2021, according to City Administrator Stuart McRae. In FY2021, council budgeted for significantly less revenue due to the COVID-19 pandemic. This year, the city based its revenue estimate not on fiscal 2021’s budgeted revenues, but on actual revenues from Fiscal Year 2020 — the last “normal” year for comparison.

The city budgeted $55.49 million in revenues in Fiscal Year 2022, McRae said. This is in line with the actual revenues in FY2020, which totaled $53.77 million.

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