By Faith Callens, For the Tribune
CLAY— City Manager Ronnie Dixon alerted the council on Tuesday, Jan. 25 about the impact of increased gas prices that could take a toll on the city’s current funds.
Dixon said balances from the previous year in November showed the city’s income was in “good standing” but now the city’s expenses could take a huge hit by gas prices rising to three dollars.
“We are in fine shape where the budget is concerned but I just want to remind y’all again, don’t be overly excited because you see five and a half million dollars in the bank because it’s going to cost that much to get everything that we have to do,” Dixon said.
The city’s current balances:
General Fund – $1,738,176.33
Vehicle registration – $7,794.97
Contractor bonds – $155,947.16
Capital fund – $1,712,588.72
.45 cent gas fund – $187,245.34
.7 cent gas fund-37,192.50
Rebuild Alabama gas fund– $125,081.15
Pave and Supplement fund – $256,840.98
Reserve fund – $1,750,000
BB&T Fund – $67,383.04
Ballpark Income – $16,945.35
Ball Park expenses – $12,235.97
The council confirmed that the pickle ball courts is set to open in March at the Clay Elementary school.
Clay-Chalkville Middle School will be back in Session on Wednesday, Jan.16 and Clay-Chalkville High School will be back in session on Monday, Jan.31.
The council approved Resolution 2022-01 Moratorium on Storage Unit Facilities on the consent agenda.
The resolution was a staff request/ recommendation which delays or stops the building process of any new storage unit facilities within the city limits of Clay because of the difference in ratio: the number of existing storage units to the number of homes in the city limits.
The council said there should be enough storage units that currently exist in the city limits to accommodate the residents of Clay.
The next city council meeting is February 8.