Assembly adopts budget, plans for future flexibility
June 24, 2021
Wrangell’s municipal government will operate in the black for another fiscal year, under the budget adopted by the borough assembly Tuesday evening. However, the assembly is prepared to make amendments during the fiscal year, which starts July 1, as new information arises.
The budget anticipates general fund revenues of about $6.4 million, which includes taxes, service fees, state and federal funding, and the annual conservative withdrawal of investment earnings from Wrangell’s own permanent fund.
Of that total, about 60% is anticipated from sales and property taxes.
Total general fund...