The Brady City Council adopted their budget for the fiscal year beginning October 1, 2011 and ending September 30, 2012 on August 24, 2011.

The total City of Brady budget for the current fiscal year is $20,069,984.

On the Income side of the ledger, they expect to receive $12,817,267 from the Utility Fund, $3,665,849 from the General Fund and $3,121,368 from the Special Service Fund.

On the Expense side of the ledger, they plan to spend $9,559,940 on the Utility Fund, $7,148,059 on the General Fund and $3,361,985 on the Special Services Fund.

To make the budget balance, they will need to borrow about $465,500 this year.

The reason the budget is 123 pages long is because the details (what goes into and out of each of these three Funds) are complicated and confusing. We will try to summarize each in future articles. The entire 2011-2012 City Budget is Available for viewing or download. Just click the link below.