By The Associated Press
COLUMBUS — The city of Columbus will dip into reserves to cover about $326,000 in add-ons to the local budget.
Chief Financial Officer Mike Bernsen tells the Commercial Dispatch that the anticipated deficit was about $232,000 before some 11th hour additions.
Bersen says retirement costs will be $36,000 more than expected.
Also the city is committed to $58,000 for a new shooting range for the Columbus Air Force Base. The city funds will match a commitment from Lowndes County.
Mayor Robert Smith says the deficit will be covered by the $549,000 in city’s cash reserve account.
Officials say this is the second year in a row the city has covered a budget deficit with reserve funds.
The city’s fiscal year begins Oct. 1.