According to a recent budget report the city of Huntington has a population of 49,185 and is 15.9 square miles in surface area. The total revenue estimate in 2010 for the city of Huntington is $41,064,610. This figure is up from the $38,785,863 in 2009.
The total expenditure estimate is also on the rise. The estimate for 2010 is $42,135,417 compared to $38,919,497 in 2009. The bulk of the revenue and expenditures comes from a few specific areas. For revenue, they are the Business and Occupation tax and Municipal service fees. For expenditures they are the police and fire departments.
A new budget is on the horizon for the city of Huntington. A study of past budgets and the track record of current Mayor Kim Wolfe, help to shed some light on what the new budget might look like.
In his first year in office, Wolfe has given a new look to the finances of Huntington. In the article, “Wolfe tackles big problems in first year,” written for the Herald Dispatch, Wolfe spoke humbly about his drive to get the city budget where he thinks it should be. He pointed out that his administration has done what the previous one did not – define the $1 user fee. Being true to the city code, Wolfe has used the fee to strengthen the police force and improve the roadways. Topics this budget will most likely focus on will be the freeze of spending by city departments and other financial issues.
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