CITY OF UNION, KENTUCKY

BUDGET

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

   
     

Resources Available:

Budgeted

Percent Of

 

FYE-2001

Resources

 

 

Fund Balance Carried Forward From FY 99/00:

 

Business Checking Account

100000.00

 

LGEAF - Coal & Mineral Fund

890.19

 

Municipal Road Fund

27631.85

 

Union/Rice Cemetery Trust Fund

11359.85

 

Total Balance Carried Forward

$139,881.89

26.41%

     

Tax Revenue 2000:

   

Real Property (est.):

   

Current

285000.00

 

Discount Allowance(2%)

-5700.00

 

Delinquent Tax

23000.00

 

Delinquent Tax - Penalty

2000.00

 

Delinquent Tax - Interest

450.00

 

Real Property - Other

10000.00

 

Total Real Property Tax

$314,750.00

59.42%

Tangible Property (est.):

   

Current

17000.00

 

Discount Allowance(2%)

-340.00

 

Delinquent Tax

2700.00

 

Delinquent Tax - Penalty

270.00

 

Delinquent Tax - Interest

100.00

 

Total Tangible Taxes

$19,730.00

3.72%

Bank Deposits:

 

Current

8000.00

 

Discount Allowance

2300.00

 

Delinquent Tax

0.00

 

Delinquent Tax - Penalty

0.00

 

Delinquent Tax - Interest

0.00

 

Total Bank Deposits

$10,300.00

1.94%

 

 

Total Tax revenue

$344,780.00

65.09%

 

 

Municipal Road Funds:

 

Revenue Received

16300.00

 

Total Municipal Road Funds

$16,300.00

3.08%

 

 

LGEAF - Coal & Mineral Fund:

 

Revenue Received

550.00

 

Total LGEAF - Coal & Mineral Fund

$550.00

0.10%

 

 

Union/Rice Cemetery:

 

Revenue Received

3000.00

 

Total Union/Rice Cemetery

$3,000.00

0.57%

 

 

Franchise Fees

 

CATV - Revenue Received

13000.00

 

Franchise Fees

$13,000.00

2.45%

 

 

Interest:

 

Interest Received - No Breakdown

7300.00

 

Total Interest

$7,300.00

1.38%

 

 

Miscellaneous Income:

 

Grant

0.00

 

Revenue Received

7000.00

 

Miscellaneous Income

$7,000.00

1.32%

 

 

Refunds/Overpayments

($2,100.00)

-0.40%

 

 

Lien Release Fees

$0.00

0.00%

 

 

Total Estimated Resources:

$529,711.89

100.00%

 

 
 

 

Appropriations:

Budgeted

Percent Of

 

FYE-2000

Budget

 

 

Waste Collection

$70,000.00

19.94%

     

Public Works:

   

Street Repairs

100000.00

 

Storm Sewers

10000.00

 

Repairs Other

5000.00

 

Street Sealing

0.00

 

Street Signs

500.00

 

Snow Removal

2000.00

 

Sanitary Sewer - Sycamore Dr.

8250.00

 

Total Public Works

$125,750.00

35.82%

     

City Building:

   

Principal Reduction/Expenses:

   

Principal

12000.00

 

Interest

6500.00

 

Utilities

2500.00

 

Mowing/Landscaping

3000.00

 

Janitorial

500.00

 

Maintenance

1500.00

 

Total City Building

$26,000.00

7.41%

     

Street & Traffic Lights:

   

Street Lights Purchased

0.00

 

Street Lights - Utilities

17500.00

 

Traffic Lights - Utilities

1000.00

 

Total Street & Traffic Lights

$18,500.00

5.27%

     

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

9.16%

     

Attorney Expense:

   

City Attorney

12000.00

 

Other

400.00

 

Total Attorney Expense

$12,400.00

3.53%

 

 

Budgeted Funds - Planning & Zoning

$13,000.00

3.70%

     

Union/Rice Cemetery Expense:

   

Mowing

3500.00

 

Other

3000.00  

Total Union/Rice Cemetery Expense

$6,500.00

1.85%

     

Insurance Expense:

   

Liability

4000.00

 

Workers Compensation Trust

700.00

 

Total Insurance Expense

$4,700.00

1.34%

 

 

County PVA Fees:

   

Use of County Assessment Role

7500.00

 

Tax Bill Preparation

0.00

 

County PVA - Other

6000.00

 

Total PVA Fees

$13,500.00

3.85%

 

 

Rent & Utilities

   

Leased Office

0.00

 

Total Rent & Utilities

$0.00

0.00%

 

 

Engineer Expense:

   

WHR - Time

20000.00

 

WHR - Mileage

1200.00

 

WHR - Expense

0.00

 

Total Engineer Expense

$21,200.00

6.04%

 

 

Required Annual Audit

$3,000.00

0.85%

     

Miscellaneous Expense

$1,000.00

0.28%

     

Legal Advertising

$2,000.00

0.57%

     

Interlocal Agreements:

$1,900.00

0.54%

     

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

0.83%

     

Office Supplies

$500.00

0.14%

     

Office Equipment & Repairs:

   

Computer Equipment - Lease

1900.00

 

Computer Equipment - Repairs

0.00

 

Computer Software/Contingencies

2000.00

 

Other Equipment - Purchases

2000.00

 

Other Equipment - Repairs

100.00

 

Total Equipment & Repairs

$6,000.00

1.71%

 

 

Postage

$650.00

0.19%

 

 

Business/Travel Expenses:

   

City Clerk - Includes KLC

2000.00

 

Mayor/Commissioners

2000.00

 

Total Business/Travel Expenses

$4,000.00

1.14%

   

NKADD

$500.00

0.14%

     

Petty Cash

$100.00

0.03%

   

Filing Fees

$200.00

0.06%

     

Professional Fees:

   

Accounting

1000.00

 

Other

100.00

 

Total Professional Fees

$1,100.00

0.31%

     

Dues & Subscriptions

$1,200.00

0.34%

     

Returned Checks

$1,000.00

0.28%

     

Penalty Charges

$200.00

0.06%

     

Interest Charges

$50.00

0.01%

     

Uncategorized Expenses

$2,200.00

0.63%

     
     

Total Appropriations

$351,015.00

100.00%

     

Excess of resources over/under

   

appropriations

$38,815.00

 
     

Estimated Fund Balance End

   

of Fiscal Year

$178,696.89