Financial Outlook Positive As City Heads Into Final Week Of Fiscal Year

With less than a week left in the city of Mt. Carmel’s fiscal year, city finances are in good shape according to finance commissioner Eric Ikemire…

Ikemire said that while sales tax receipts are down almost $117,000, it has been more than offset by the replacement tax bringing more than twice as much than was budgeted bringing in more than $250,000 than was anticipated. The city council will hold a special meeting at noon Friday to officially adopt the FY 2023-24 city budget.