| CITY OF UNION,
KENTUCKY
For the fiscal year beginning July 1, 2001 and ending June 30, 2002 |
||
| Resources Available: |
Budgeted FYE-2002 |
Percent Of Resources |
| Fund Balance Carried Forward From FY 00/01: | ||
| Business Checking Account |
345287.00 |
|
| LGEAF - Coal & Mineral Fund |
1615.00 |
|
| Municipal Road Fund |
45531.00 |
|
| Union/Rice Cemetery Trust Fund |
12441.00 |
|
| Total Balance Carried Forward |
$404,874.00 |
47.12% |
| Tax Revenue 2001: | ||
| Real Property (est.): | ||
| Current |
375000.00 |
|
| Discount Allowance(2%) |
-7500.00 |
|
| Delinquent Tax |
14000.00 |
|
| Delinquent Tax - Penalty |
1400.00 |
|
| Delinquent Tax - Interest |
500.00 |
|
| Real Property - Other |
600.00 |
|
| Total Real Property Tax |
$384,000.00 |
44.69% |
| Tangible Property (est.): | ||
| Current |
7200.00 |
|
| Discount Allowance(2%) |
-144.00 |
|
| Delinquent Tax |
10200.00 |
|
| Delinquent Tax - Penalty |
883.00 |
|
| Delinquent Tax - Interest |
166.00 |
|
| Total Tangible Taxes |
$18,305.00 |
2.13% |
| Bank Deposits: | ||
| Current |
8500.00 |
|
| Discount Allowance(2%) |
-170.00 |
|
| Delinquent Tax |
0.00 |
|
| Delinquent Tax - Penalty |
0.00 |
|
| Delinquent Tax - Interest |
0.00 |
|
| Total Bank Deposits |
$8,330.00 |
0.97% |
| Total Tax revenue |
$410,635.00 |
47.79% |
| Municipal Road Funds: | ||
| Revenue Received |
15000.00 |
|
| Total Municipal Road Funds |
$15,000.00 |
1.75% |
| LGEAF - Coal & Mineral Fund: | ||
| Revenue Received |
700.00 |
|
| Total LGEAF - Coal & Mineral Fund |
$700.00 |
0.08% |
| Union/Rice Cemetery: | ||
| Revenue Received |
1400.00 |
|
| Total Union/Rice Cemetery |
$1,400.00 |
0.16% |
| Franchise Fees | ||
| CATV - Revenue Received |
14000.00 |
|
| Franchise Fees |
$14,000.00 |
1.63% |
| Interest: | ||
| Interest Received - No Breakdown |
10400.00 |
|
| Total Interest |
$10,400.00 |
1.21% |
| Miscellaneous Income: | ||
| Grant |
0.00 |
|
| Revenue Received |
700.00 |
|
| Miscellaneous Income |
$700.00 |
0.08% |
| Refunds/Overpayments |
$1,450.00 |
0.17% |
| Lien Release Fees |
$0.00 |
0.00% |
| Total Estimated Resources: |
$859,159.00 |
100.00% |
| Appropriations: |
Budgeted FYE-2000 |
Percent Of Budget |
| Waste Collection |
$65,000.00 |
18.72% |
| Public Works: | ||
| Street Repairs |
50000.00 |
|
| Storm Sewers |
7000.00 |
|
| Repairs Other |
7500.00 |
|
| Street Sealing |
1500.00 |
|
| Street Signs |
1000.00 |
|
| Snow Removal |
3000.00 |
|
| Mowing/Landscaping |
22050.00 |
|
| Total Public Works |
$92,050.00 |
26.51% |
| City Building: | ||
| Principal Reduction/Expenses: | ||
| Principal |
12000.00 |
|
| Interest |
6500.00 |
|
| Utilities |
3500.00 |
|
| Janitorial |
1200.00 |
|
| Maintenance |
2000.00 |
|
| Total City Building |
$25,200.00 |
7.26% |
| Street & Traffic Lights: | ||
| Street Lights - Utilities |
20000.00 |
|
| Traffic Lights - Utilities |
1000.00 |
|
| Total Street & Traffic Lights |
$21,000.00 |
6.05% |
| Salaries: | ||
| City Clerk/Treasurer |
25000.00 |
|
| FICA W/H |
2500.00 |
|
| Medicare W/H |
400.00 |
|
| Boone County |
130.00 |
|
| Kentucky W/H |
300.00 |
|
| KY Unemployment Ins. W/H |
160.00 |
|
| CERS |
1700.00 |
|
| Total City Clerk/Treasurer |
30,190.00 |
|
| Mayor |
675.00 |
|
| Commission |
2700.00 |
|
| Cemetery Sexton |
1200.00 |
|
| Planning & Zoning Representative |
0.00 |
|
| Additional - Temporary Help |
5000.00 |
|
| Total Salaries |
$39,765.00 |
11.45% |
| Attorney Expense: | ||
| City Attorney |
8000.00 |
|
| Other |
400.00 |
|
| Total Attorney Expense |
$8,400.00 |
2.42% |
| Budgeted Funds - Planning & Zoning |
$17,000.00 |
4.90% |
| Union/Rice Cemetery Expense: | ||
| Repair/Maintenance |
5000.00 |
|
| Other |
7000.00 |
|
| Total Union/Rice Cemetery Expense |
$12,000.00 |
3.46% |
| Insurance Expense: | ||
| Liability |
5000.00 |
|
| Workers Compensation Trust |
700.00 |
|
| Total Insurance Expense |
$5,700.00 |
1.64% |
| County PVA Fees: | ||
| Use of County Assessment Role |
9500.00 |
|
| Tax Bill Preparation |
100.00 |
|
| County PVA - Other |
0.00 |
|
| Total PVA Fees |
$9,600.00 |
2.76% |
| Engineer Expense: | ||
| WHR - Time |
18500.00 |
|
| WHR - Mileage |
1400.00 |
|
| WHR - Expense |
100.00 |
|
| Total Engineer Expense |
$20,000.00 |
5.76% |
| Required Annual Audit |
$3,500.00 |
1.01% |
| Miscellaneous Expense |
$1,000.00 |
0.29% |
| Code of Ordinances Update |
$1,200.00 |
0.35% |
| Legal Advertising |
$2,000.00 |
0.58% |
| Interlocal Agreements: |
$1,900.00 |
0.55% |
| Telephone Expenses: | ||
| City Building Voice Line |
1600.00 |
|
| City Building Fax Line |
800.00 |
|
| City Building Voice Mail |
500.00 |
|
| Total Telephone Expense |
$2,900.00 |
0.84% |
| Office Supplies |
$500.00 |
0.14% |
| Office Equipment & Repairs: | ||
| Computer Equipment - Repairs |
500.00 |
|
| Computer Software/Contingencies |
3000.00 |
|
| Other Equipment - Purchases/Leases |
5500.00 |
|
| Other Equipment - Repairs |
100.00 |
|
| Total Equipment & Repairs |
$9,100.00 |
2.62% |
| Postage |
$600.00 |
0.17% |
| Business/Travel Expenses: | ||
| City Clerk - Includes KLC |
1500.00 |
|
| Mayor/Commissioners |
3000.00 |
|
| Total Business/Travel Expenses |
$4,500.00 |
1.30% |
| NKADD |
$500.00 |
0.14% |
| Petty Cash |
$200.00 |
0.06% |
| Filing Fees |
$200.00 |
0.06% |
| Professional Fees: | ||
| Accounting |
1000.00 |
|
| Other |
100.00 |
|
| Total Professional Fees |
$1,100.00 |
0.32% |
| Dues & Subscriptions |
$1,500.00 |
0.43% |
| Returned Checks |
$500.00 |
0.14% |
| Penalty Charges |
$200.00 |
0.06% |
| Interest Charges |
$50.00 |
0.01% |
| Uncategorized Expenses |
$100.00 |
0.03% |
| Total Appropriations |
$347,265.00 |
100.00% |
| Excess of resources over/under appropriations |
$107,020.00 |
|
| Estimated Fund Balance End of Fiscal Year |
$511,894.00 |