Gainesville Council okays new budget

GAINESVILLE - With very little fanfare, the Gainesville City Council gave second-reading approval to the FY 2012 budget Tuesday night.

As expected, the budget passed 4-1 with Councilman Bob Hamrick the lone holdout. Hamrick had supported returning a portion of a city budget surplus to the taxpayers. Instead, the $5 million surplus will be used to shore up the city's rainy day fund.

The new budget holds the line on taxes. The plan goes into effect July 1.

Check back for other stories from Tuesday night's council meeting.