(Farmington) The Farmington City Council recently met to build a new budget for the new fiscal year. City administrator Greg Beavers says the new budget will be just under 50 million dollars.
Beavers says another chunk of the budget will be for debts that need to be paid.
Farmington will have to dip into their reserves, but the upcoming fiscal year budget will be balanced. The new fiscal year started October 1st and will run through September 2021.