The county’s municipalities approved their budgets for the current fiscal year in special called meetings last week.

The brief meetings were held to have the budgets in place before the Monday start of the financial year.

This past Tuesday, the Lewisburg City council accepted a budget of just over $11.5 million, less than in previous years as the city seeks to rebuild its fund balance.

Cuts were made across departments in order to bring expenses under revenue estimates. For several years, the city has used money from the fund balance to cover any shortfalls.

The city depleted their fund balance in December, forcing the city to borrow against future tax revenues in order to continue funding operations.

The fund balance provides operating cash through the year, since property tax receipts, which provide most of the city’s revenue, are received toward the end of the fiscal year.

Cornersville and Chapel Hill voted on the final readings of their annual budgets on Thursday.

Cornersville estimates approximately $500,000 in revenue for the year with expenses budgeted at just under $450,000.

The town increased property taxes this year for the first time in 22 years to $1.10 per $100,000 of appraised value, with the additional revenue raised earmarked for infrastructure projects like paving and sidewalk repairs.

Chapel Hill is projecting $2.6 million in expenses versus $2.5 million in revenue.

The town revenue and expense numbers for the year are greatly increased due to grant funding awarded to the town, mainly for infrastructure projects, and funds put aside in the budget for the possible purchase of the First Commerce Bank building once construction is complete on the new branch building.