The Baileyton Board of Mayor and Aldermen unanimously approved the town's budget for the 2009-10 fiscal year in a short meeting Tuesday evening.

The new fiscal year began Wednesday, July 1.

Baileyton's budget projects total revenues of $1,240,246, with the general fund receiving $492,275; state street aid getting $49,111; the drug fund, $10,679, and the sewer fund, $688,181.

The town's budget is balanced, with estimated appropriations totaling $830,077.