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State Approves 2019 Budget For Terre Haute

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The city council approved the budget in October. (WFIU/WTIU News)

Terre Haute has received state approval for its 2019 budget with minimal revisions. This is the fourth balanced budget in a row for the city, which is working to eliminate a deficit that peaked at $9 million in 2015.

Mayor Duke Bennett presented the state’s approval to the council Thursday night. In past years, the state ordered the city to eliminate millions of dollars from its budget to limit overspending. But this year, Bennett says the state only made changes to one fund.

“It puts you in a good spot where you don’t have to worry about those past financial issues,” Bennett says.

Martha Crossen is a member of the Terre Haute City Council and will serve as council president for 2019. She says the council will still keep a careful eye on spending.

“Make sure we keep our spending within the limits of the budget, and even below if at all possible, so that we can keep reducing that deficit,” Crossen says.

The city council approved the budget in October.

The city is still working to eliminate its deficit, which city officials say is the result of property tax caps. To help cover expenses, the city relies on small loans, including one from the city Redevelopment Commission. Bennett says those loans are getting smaller each year.

Bennett says the general fund, which carried most of the deficit in previous years, now has a positive balance. He says the only areas still operating at a deficit are the city’s golf courses, and officials hope to address that soon.

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