Thanks For Your Help - Budget Version

Just a few weeks ago we started a new budget year.  For many of you, this day passes without much of a change.  However, July 1 is a day that the Mayor and Council use as a yard stick to see how we are doing.  In a few months, the Mayor and Council will receive a detailed report that is dozens of pages long that examines how we did over the last budget year and what our finances looked like at the close of business on June 30. 

I am confident that we have done well.  With your help, we stayed under our budget allotments and got our projects done.  This builds trust and confidence with our elected officials and the public.  We have made significant progress towards improving our community even in the face of the most difficult economic times in 80+ years!

Here is a chart that shows how the great recession affected Springville Sales Tax Revenues

 

You can see great growth in 2006 and 2007 followed by the recession.  In 2013, we didn’t quite make it back to our peak in 2008.  We will pass that peak in 2014.  We are not back to where we should be if we had nominal growth, but we are at least back to where we were in 2008.  As other revenue streams return we should be able to get back to a more normal cycle of things. 

I know the Council appreciated everyone’s efforts to conserve and find new ways to do things.  As dollars come back into the system, we don’t want to lose that attitude.  A dollar saved is still a dollar saved.  A better way to do something is still a better way.  If we can keep constantly improving our community will be a little bit better every day!  Thanks for your help in making it happen.

-Troy