Hilliard is on track for another balanced budget, with revenues ahead of projections and expenses less than anticipated for the first six months of 2015, according to finance director David Delande.

Hilliard is on track for another balanced budget, with revenues ahead of projections and expenses less than anticipated for the first six months of 2015, according to finance director David Delande.

In his second-quarter review at an Aug. 24 finance and administration committee meeting, Delande said the city is about seven percentage points ahead of projections for the year.

"The general fund is tracking very well," Delande said.

As of June 30, the city had collected $12.5 million in general-fund revenue, or 57.2 percent of the estimated $22 million for 2015.

Hilliard should collect at least 50 percent of the estimated revenue by each June 30 to be on course to meet the current year's projection, Delande said.

Within the general fund, income-tax revenue was among the most robust totals.

Hilliard netted $9.2 million in income-tax revenue through June 30, or 61.6 percent of the $14.9 million estimate for 2015.

"It's good to see such favorable trends, especially the income tax. I think it shows the health of our economy," Councilman Bill Uttley said.

On the other side of the ledger, the city has reported expenditures of $9.3 million, about 43 percent of the estimated $21.9 million in general-fund expenditures for 2015.

"We are pleased that revenues for operating funds in total exceeded expenditures in total after the second quarter," Delande said. "As we have in previous years, we will monitor both revenues and expenditures to bring in a balanced budget at the end of the year."