For the last five years, the City of Statham has been spending more money than it takes in. Last year, the city had to move over $200,000 from its water fund to cover its general fund shortfall.
Despite its dire financial situation, city officials are now considering a three-percent pay hike for employees and possibly creating a city manager position.
“It may not be something we can do or afford,” said Mayor Robert Bridges. “I just think we need to look at it. I think we need something to help in various areas.”
Statham’s preliminary FY2015 budget numbers projects the town will take in slightly more money in its general fund, mostly by increasing the town’s fine revenues. The city anticipates taking in $1.17 million in its general fund in the upcoming fiscal year.
Nearly half of the town’s general fund spending goes to its police department, which is expected to spend $533,400 next year. That’s up from $496,000 this year.