7am News, Sports and Obits

Latest WGIL news
Click to play or
Right click and "Save Target As" to download
Click for Galesburg, Illinois Forecast
Home - Cancellations - Community Events - Contact Us - Mornings - News - Obituaries - Pictures - Programs - Special Events Audio - Sports - Weather
City Finances Healthy, All Things Considered
Galesburg is doing well financially so far this year.

According to the city's finance department director, Gloria Osborn, first quarter reports show increases in the total general fund revenues compared to last year.

Osborne says tax revenues are down, but the reason for that is, of course, late payments from the state.

"State income tax, we're showing a decrease of about $137,000," Osborn said. "Unfortunately, we're waiting for about 5 months of this tax from this state. So we're looking at about $1.2 million that we're still waiting on from the state."

Also, all expenditures for the general fund, like police, public works, and administration, are down compared to the year before.
07 11 10 by Newsroom
News management powered by Xpression News

Click here for the WGIL News Archive

Click here for national news

The following provision applies to all visitors (which shall include persons and representatives of legal entities, whether such representatives are persons or digital engines of a kind that crawls, indexes, scrapes, copies, stores or transmits digital content). By accessing this Web site or digital service, you specifically acknowledge and agree that: (i) Associated Press text, photo, graphic, audio and/or video material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium; (ii) No Associated Press materials nor any portion thereof may be stored in a computer except for personal and non-commercial use; (iii) The Associated Press will not be held liable for any delays, inaccuracies, errors or omissions therefrom or in the transmission or delivery of all or any part thereof or for any damages arising from any of the foregoing; (iv) The Associated Press is an intended third party beneficiary of these terms and conditions and it may exercise all rights and remedies available to it; and (v) The Associated Press reserves the right to audit possible unauthorized commercial use of AP materials or any portion thereof at any time.