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City Leaders Work On 2014 Budget

Terre Haute City Hall
Terre Haute City Hall

The Terre Haute City Council held two meetings with week to gather budget information from the administration in preparation of passing a 2014 budget.

A total of nine department heads and the mayor presented information.

One bright spot to the city budget problem is that the Rae Park golf course actually makes a profit of $28,000 last year.

The cities other golf course, Hulman Links, is still in the red every year.

City officials estimated that the general fund will receive about $29 million in revenue in 2014 with expenses of about $33 million. Several on the council expressed concerns of the need for tax anticipation loans to carry the city until tax distributions are made from the state.