Caryville passes its budget for 2026-2027 with a shortfall

Fund balance monies will cover deficit

CARYVILLE, TN (WLAF)- On Tuesday evening the Caryville Board of Mayor and Aldermen met for a special called meeting to discuss the annual operating budget. At last month’s regular meeting a first reading of the budget was on the agenda. However, a motion to approve the budget failed for lack of a second.

Last night the board met with only one item on the agenda, Ordinance 2026-08 adopting the annual operating budget for the fiscal year 2026-27. The projected revenue for the budget is $2,094,000  with $2,440,000 million in expenditures, creating a $346,000 budget shortfall. According to Town Administrator Craig Bennett, the town will cover the shortfall with monies from its fund balance.

Alderman Pat Donahue made a motion to pass the ordinance for the budget with Aldermen Vickie Heatherly making a second. Aldermen Lloyd Lawson, Heatherly, Donahue, Aldermen Josh Monday and Aldermen Eric Jones voted yes. Mayor Beth Lawson voted no and Aldermen Jordan Cross was absent. The ordinance passed. (WLAF NEWS PUBLISHED-05/27/2026-6AM)