The town of St. Leo has adopted a budget of $4.1 million for the 2022-2023 fiscal year.
This year’s budget represents slightly more than $200,000 higher than last year, which translates into an increase of about 5%.
The St. Leo Town Commission approved the budget in a commission meeting on Sept. 21.
The town is expected to generate total general funds in about $1.2 million through sales and use taxes, licenses and permits, intergovernmental and miscellaneous revenues.
St. Leo also has $2.1 million in reserves.
Expenditures are estimated at just over $2 million, stemming from general government, public safety, physical environment, human services and other non-operating uses.
General government has the highest expenditure at $318,731.
The Town plans on spending $173,500 of special revenue on transportation and special projects.
Founded in 1891, St. Leo is the oldest incorporated municipality in Pasco County. The Town is approximately 858 acres in size, much of which is Lake Jovita. The most recent population estimate is 2,362.
The five-person Town Commission consists of Donna DeWitt, Mayor Vincent D’Ambrosio, Mayor Pro Tem James Hallett, Curtis Dwyer and William Hamilton.
For more information about the town, its commission, permits, applications and other issues, visit TownOfStLeo.org.
Published September 28, 2022