At a special called Elgin Town Council meeting Tuesday, members discussed budget shortfall issues outlined by Mayor Brad Hanley.
“We got dinged for at least $30,000 from the local option sales tax,” Hanley said. “We projected $303,000 in revenue and we only (collected) $226,000, so we would have been closer to our projections had we been able to include the $30,000.”
Hanley said that when he saw the revenue coming in so low, he decided to look more closely into the current operating budget. Compiled June statements were made available to him and he identified some other accounting errors, including town hall improvements listed in the operating financial statements.
“Those costs should have been classified as capital improvements and not operating costs. With these mistakes taken into account we are $6,000 to $7,000 over budget for the year,” Hanley said.
Council also discussed final details on the creation of an official Elgin town seal to be drafted by local artist Susan Harkey.
The seal is planned to be displayed at the town hall rededication Sept. 6.
Members also reviewed a proposal made by Councilman Roger Ross to designate a property area for flea market type businesses to sell goods. Zoning issues were discussed by council and community members. After lengthy discussion, council informally decided that the issue should be looked into more closely by obtaining information from neighboring municipalities.