Mexico City Council Sets Budget For Next Fiscal Year
Approval is now given by the Mexico City Council for a budget for the 2018-2019 fiscal year.
A public hearing was held at last (Monday) nights city council meeting.
The newly approved balanced budget will run from October 1, 2018 to September 30, 2019.
The total budgeted revenues total $14,046,430, with expenditures estimated at $15,416,767.
The $1.3 million dollar deficit will be fulfilled by project reserves and unreserved fund balances.