Atlanta's budget is in the black ATLANTA, GA (WABE) - A conservative spending approach is keeping Atlanta's budget in the black.

WABE's Charles Edwards reports

City chief financial officer Jim Glass said the city's budget is about 8 million dollars better than his earlier prediction. Glass says that's partly because he and other top city officials have asked department heads not to spend money unless it's necessary.

GLASS: "Keep things tight. Keep your expenses under control and let's do everything we can to under run our expenses and we're going to continue to do that."

Glass says the city is still waiting for property tax revenue to roll in. He says it still looks like Atlanta will take in about 161 million dollars in property tax revenue this year.

Meanwhile, a city council committee next week will look at what Atlanta might do if home values drop and how that would affect property taxes.

Charles Edwards, WABE News. © Copyright 2012, WABE