MORGAN -- The Morgan City Council opened its current budget to make adjustments for a poor economy.
"We did not take into account the decrease in property and sales tax revenues due to the decline in the economy," said Councilwoman Shelly Betz. "Sales tax, building permits and impact fees are down."
Betz called the $77,885 revenue shortfall "substantial."
The city is looking into ways -- including reallocating salaries and benefits of employees -- to cut expenditures in order to balance the budget.
"We've learned a lot," said Mayor Jim Egbert, who was elected in 2009. "We will be much better prepared for future budgets."