| CITY
OF UNION, KENTUCKY |
|
|
| |
|
|
For
the fiscal year beginning July 1, 2002 and ending June
30, 2003 |
|
|
| |
|
|
| |
|
|
Resources
Available: |
Budgeted |
Percent
Of |
| |
FYE-2002 |
Resources |
| |
|
|
Fund Balance Carried Forward From FY 00/01: |
|
|
| Business
Checking Account |
500000.00 |
|
LGEAF - Coal & Mineral Fund |
2900.00 |
|
Municipal Road Fund |
80000.00 |
|
Union/Rice Cemetery Trust Fund |
13000.00 |
|
Total Balance Carried Forward |
$595,900.00
|
53.38% |
| |
|
|
Tax Revenue 2001: |
|
|
Real Property (est.): |
|
|
Current |
414000.00 |
|
Discount Allowance(2%) |
-8280.00 |
|
Delinquent Tax |
20000.00 |
|
Delinquent Tax - Penalty |
2300.00 |
|
Delinquent Tax - Interest |
800.00 |
|
Real Property - Other |
0.00 |
|
Total Real Property Tax |
$428,820.00
|
38.42% |
Tangible Property (est.): |
|
|
Current |
17500.00 |
|
Discount Allowance(2%) |
-350.00 |
|
Delinquent Tax |
800.00 |
|
Delinquent Tax - Penalty |
75.00 |
|
Delinquent Tax - Interest |
14.00 |
|
Total Tangible Taxes |
$18,039.00
|
1.62% |
Bank Deposits: |
|
|
Current |
10000.00 |
|
Discount Allowance(2%) |
-200.00 |
|
Delinquent Tax |
0.00 |
|
Delinquent Tax - Penalty |
0.00 |
|
Delinquent Tax - Interest |
0.00 |
|
Total Bank Deposits |
$9,800.00
|
0.88% |
| |
|
|
Total Tax revenue |
$456,659.00
|
40.91% |
| |
|
|
Municipal Road Funds: |
|
|
Revenue Received |
35000.00 |
|
Total Municipal Road Funds |
$35,000.00
|
3.14% |
| |
|
|
LGEAF - Coal & Mineral Fund: |
|
|
Revenue Received |
1200.00 |
|
Total LGEAF - Coal & Mineral Fund |
$1,200.00
|
0.11% |
| |
|
|
Union/Rice Cemetery: |
|
|
Revenue Received |
4000.00 |
|
Total Union/Rice Cemetery |
$4,000.00
|
0.36% |
| |
|
|
Franchise Fees |
|
|
CATV - Revenue Received |
16000.00 |
|
Franchise Fees |
$16,000.00
|
1.43% |
| |
|
|
Interest: |
|
|
Interest Received - No Breakdown |
5900.00 |
|
Total Interest |
$5,900.00
|
0.53% |
| |
|
|
Miscellaneous Income: |
|
|
Grant |
0.00 |
|
Revenue Received |
150.00 |
|
Miscellaneous Income |
$150.00
|
0.01% |
| |
|
|
Refunds/Overpayments |
$1,450.00
|
0.13% |
| |
|
|
Lien Release Fees |
$0.00
|
0.00% |
| |
|
|
Total
Estimated Resources: |
$1,116,259.00
|
100.00% |
| |
|
|
| |
|
|
Appropriations: |
Budgeted |
Percent
Of |
| |
FYE-2000 |
Budget |
| |
|
|
Waste Collection |
$115,000.00
|
27.10% |
| |
|
|
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
|
21.69% |
| |
|
|
City Building: |
|
|
Principal Reduction/Expenses: |
|
|
Principal |
12000.00 |
|
Interest |
6500.00 |
|
Utilities |
5000.00 |
|
Janitorial |
1200.00 |
|
Maintenance |
2500.00 |
|
Total City Building |
$27,200.00
|
6.41% |
| |
|
|
Street & Traffic Lights: |
|
|
Street Lights - Utilities |
22000.00 |
|
Traffic Lights - Utilities |
1000.00 |
|
Total Street & Traffic Lights |
$23,000.00
|
5.42% |
| |
|
|
Salaries: |
|
|
City Clerk/Treasurer |
27000.00 |
|
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 |
3500.00 |
|
Total City Clerk/Treasurer |
33,990.00 |
|
Mayor |
675.00 |
|
Commission |
2700.00 |
|
Cemetery Sexton |
1200.00 |
|
Planning & Zoning Representative |
0.00 |
|
Additional - Temporary Help |
5000.00 |
|
Total Salaries |
$43,565.00
|
10.27% |
| |
|
|
Attorney Expense: |
|
|
City Attorney |
9000.00 |
|
Other |
400.00 |
|
Total Attorney Expense |
$9,400.00
|
2.22% |
| |
|
|
Budgeted Funds - Planning & Zoning |
$20,000.00
|
4.71% |
| |
|
|
Union/Rice Cemetery Expense: |
|
|
Repair/Maintenance |
5000.00 |
|
Other |
7000.00 |
|
Total Union/Rice Cemetery Expense |
$12,000.00
|
2.83% |
| |
|
|
Insurance Expense: |
|
|
Liability |
10000.00 |
|
Workers Compensation Trust |
700.00 |
|
Total Insurance Expense |
$10,700.00
|
2.52% |
| |
|
|
County PVA Fees: |
|
|
Use of County Assessment Role |
10000.00 |
|
Tax Bill Preparation |