The Jemison City Council on Monday passed a balanced budget of about $3.4 million for the 2014-2015 fiscal year.

The city is anticipating revenues totaling $3,480,344.02 in the new fiscal year, compared to the previous budget’s revenue of $3.4 million.

Jemison Mayor Eddie Reed said during the meeting there is also a projected surplus of about $100,000 for the upcoming fiscal year.

Reed said he was proud of the council’s work on putting together the budget for the upcoming fiscal year, and thought it was something everyone could be proud of.

“I feel good about this,” Reed said. “It will be important for us to stay on top of things, but I think this is a budget we can all work with.”

The 2014-2015 budget did not vary much from the 2013-2014 budget the council passed in October 2013 of about $3.4 million with a projected surplus of $86,935.

Reed said the increase in the budget for the upcoming fiscal year was based off expected increases in revenue for the city.

The council also heard from Jemison Police Chief Shane Fulmer who told the council he would like to declare three police vehicles as salvage.

The three vehicles included a 2003 Dodge Durango, a 2002 Ford Taurus and a 2005 Ford Crown Victoria.

“These three vehicles have reached their limit,” Fulmer said.

The council did not vote on the action but will allow the vehicles to be declared as salvage.