CITY OF UNION, KENTUCKY

AMENDED BUDGET

For the fiscal year beginning July 1, 2000 and ending June 30, 2001

   
     

Resources Available:

Budgeted FYE-2001

Percent Of Resources

     

Fund Balance Carried Forward From FY 99/00:

   
Business Checking Account

156000.00

 

LGEAF - Coal & Mineral Fund

890.19

 

Municipal Road Fund

27631.85

 

Union/Rice Cemetery Trust Fund

11359.85

 
     

Total Balance Carried Forward

$195,881.89

30.90%

 

 
   

Tax Revenue 2000:

   

Real Property (est.):

   

Current

361000.00

 

Discount Allowance(2%)

-7220.00

 

Delinquent Tax

13740.00

 

Delinquent Tax - Penalty

1400.00

 

Delinquent Tax - Interest

500.00

 

Real Property - Other

600.00

 

Total Real Property Tax

$370,020.00

58.36%

Tangible Property (est.):

   

Current

6800.00

 

Discount Allowance(2%)

-136.00

 

Delinquent Tax

10200.00

 

Delinquent Tax - Penalty

883.00

 

Delinquent Tax - Interest

166.00

 

Total Tangible Taxes

$17,913.00

2.83%

Bank Deposits:

   

Current

7500.00

 

Discount Allowance(2%)

-150.00

 

Delinquent Tax

0.00

 

Delinquent Tax - Penalty

0.00

 

Delinquent Tax - Interest

0.00

 

Total Bank Deposits

$7,350.00

1.16%

 

 
   

Total Tax revenue

$395,283.00

62.35%

 

 
   

Municipal Road Funds:

   

Revenue Received

14500.00

 

Total Municipal Road Funds

$14,500.00

2.29%

 

 
   

LGEAF - Coal & Mineral Fund:

   

Revenue Received

700.00

 

Total LGEAF - Coal & Mineral Fund

$700.00

0.11%

 

 
   

Union/Rice Cemetery:

   

Revenue Received

1400.00

 

Total Union/Rice Cemetery

$1,400.00

0.22%

 

 
   

Franchise Fees

   

CATV - Revenue Received

13700.00

 

Franchise Fees

$13,700.00

2.16%

 

 
   

Interest:

   

Interest Received - No Breakdown

10400.00

 

Total Interest

$10,400.00

1.64%

     

Miscellaneous Income:

   
Grant

0.00

 

Revenue Received

700.00

 

Miscellaneous Income

$700.00

0.11%

 

 
   

Refunds/Overpayments

$1,450.00

0.23%

 

 
   

Lien Release Fees

$0.00

0.00%

 

 
   

Total Estimated Resources:

$634,014.89

100.00%

 

 
   

Appropriations:

Budgeted

Percent Of

 

 

FYE-2000

Budget

 

 
   

Waste Collection

$56,000.00

19.76%

 

 
   

Public Works:

   

Street Repairs

31000.00

 

Storm Sewers

7000.00

 

Repairs Other

7500.00

 

Street Sealing

1500.00

 

Street Signs

1000.00

 

Snow Removal

3000.00

 

Mowing/Landscaping

6000.00

 

Total Public Works

$57,000.00

20.12%

 

 
   

City Building:

   

Principal Reduction/Expenses:

   

Principal

12000.00

 

Interest

6500.00

 

Utilities

3500.00

 

Janitorial

500.00

 

Maintenance

2000.00

 

Total City Building

$24,500.00

8.65%

 

 
   

Street & Traffic Lights:

   

Street Lights - Utilities

20000.00

 

Traffic Lights - Utilities

1000.00

 

Total Street & Traffic Lights

$21,000.00

7.41%

 

 
   

Salaries:

   

City Clerk/Treasurer

20900.00

 

FICA W/H

2200.00

 

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

25,790.00

 

Mayor

675.00

 

Commission

2700.00

 

Planning & Zoning Representative

0.00

 

Additional - Temporary Help

3000.00

 

Total Salaries

$32,165.00

11.35%

 

 
   

Attorney Expense:

   

City Attorney

7500.00

 

Other

400.00

 

Total Attorney Expense

$7,900.00

2.79%

 

 
   

Budgeted Funds - Planning & Zoning

$13,000.00

4.59%

 

 
   

Union/Rice Cemetery Expense:

   

Repair/Maintenance

5000.00

 

Other

5700.00

 

Total Union/Rice Cemetery Expense

$10,700.00

3.78%

 

 
   

Insurance Expense:

   

Liability

4400.00

 

Workers Compensation Trust

700.00

 

Total Insurance Expense

$5,100.00

1.80%

 

 
   

County PVA Fees:

   

Use of County Assessment Role

9000.00

 

Tax Bill Preparation

25.00

 

County PVA - Other

0.00

 

Total PVA Fees

$9,025.00

3.19%

 

 
   

Engineer Expense:

   

WHR - Time

18000.00

 

WHR - Mileage

1400.00

 

WHR - Expense

100.00

 

Total Engineer Expense

$19,500.00

6.88%

 

 
   

Required Annual Audit

$3,000.00

1.06%

 

 
   

Miscellaneous Expense

$1,000.00

0.35%

 

 
   

Legal Advertising

$2,000.00

0.71%

 

 
   

Interlocal Agreements:

$1,900.00

0.67%

 

 
   

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

1.02%

 

 
   

Office Supplies

$500.00

0.18%

 

 
   

Office Equipment & Repairs:

   

Computer Equipment - Lease

1500.00

 

Computer Equipment - Repairs

500.00

 

Computer Software/Contingencies

2000.00

 

Other Equipment - Purchases

4500.00

 

Other Equipment - Repairs

100.00

 

Total Equipment & Repairs

$8,600.00

3.04%

     

Postage

$500.00

0.18%

 

 
   

Business/Travel Expenses:

   

City Clerk - Includes KLC

1500.00

 

Mayor/Commissioners

1500.00

 

Total Business/Travel Expenses

$3,000.00

1.06%

 

 
   

NKADD

$500.00

0.18%

 

 
   

Petty Cash

$200.00

0.07%

 

 
   

Filing Fees

$200.00

0.07%

 

 
   

Professional Fees:

   

Accounting

1000.00

 

Other

100.00

 

Total Professional Fees

$1,100.00

0.39%

 

 
   

Dues & Subscriptions

$1,200.00

0.42%

 

 
   

Returned Checks

$500.00

0.18%

 

 
   

Penalty Charges

$200.00

0.07%

 

 
   

Interest Charges

$50.00

0.02%

     

Uncategorized Expenses

$100.00

0.04%

 

 
   

Total Appropriations

$283,340.00

100.00%

 

 
   

Excess of resources over/under appropriations

$154,793.00

 

 

 
   

Estimated Fund Balance End of Fiscal Year

$350,674.89