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Jackson city budget looking stronger

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While the state is just getting started on passing a budget, cities are close to wrapping the process.

It looks like Jackson is going to be able to put a few million dollars away for a rainy day.

The city is predicting it will have more than $6 million dollars in reserves by next summer. That comes out to a little more than 25 percent and close to its goal of 30 percent.

More people are working in Jackson, which is why income-tax revenues are up 2.5 percent. The city says housing values are rising as well, which means more property-tax revenue.

The Jackson City Council will hold a budget hearing next week and should vote on it May 16th.