| CITY
OF UNION, KENTUCKY |
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For
the fiscal year beginning July 1, 2002 and ending June
30, 2003 |
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Resources
Available: |
Budgeted |
Percent
Of |
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FYE-2002 |
Resources |
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Fund Balance Carried Forward From FY 00/01: |
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| Business
Checking Account |
500000.00 |
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LGEAF - Coal & Mineral Fund |
2900.00 |
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Municipal Road Fund |
80000.00 |
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Union/Rice Cemetery Trust Fund |
13000.00 |
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Total Balance Carried Forward |
$595,900.00
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53.38% |
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Tax Revenue 2001: |
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Real Property (est.): |
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Current |
414000.00 |
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Discount Allowance(2%) |
-8280.00 |
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Delinquent Tax |
20000.00 |
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Delinquent Tax - Penalty |
2300.00 |
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Delinquent Tax - Interest |
800.00 |
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Real Property - Other |
0.00 |
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Total Real Property Tax |
$428,820.00
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38.42% |
Tangible Property (est.): |
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Current |
17500.00 |
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Discount Allowance(2%) |
-350.00 |
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Delinquent Tax |
800.00 |
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Delinquent Tax - Penalty |
75.00 |
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Delinquent Tax - Interest |
14.00 |
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Total Tangible Taxes |
$18,039.00
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1.62% |
Bank Deposits: |
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Current |
10000.00 |
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Discount Allowance(2%) |
-200.00 |
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Delinquent Tax |
0.00 |
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Delinquent Tax - Penalty |
0.00 |
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Delinquent Tax - Interest |
0.00 |
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Total Bank Deposits |
$9,800.00
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0.88% |
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Total Tax revenue |
$456,659.00
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40.91% |
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Municipal Road Funds: |
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Revenue Received |
35000.00 |
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Total Municipal Road Funds |
$35,000.00
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3.14% |
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LGEAF - Coal & Mineral Fund: |
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Revenue Received |
1200.00 |
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Total LGEAF - Coal & Mineral Fund |
$1,200.00
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0.11% |
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Union/Rice Cemetery: |
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Revenue Received |
4000.00 |
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Total Union/Rice Cemetery |
$4,000.00
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0.36% |
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Franchise Fees |
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CATV - Revenue Received |
16000.00 |
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Franchise Fees |
$16,000.00
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1.43% |
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Interest: |
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Interest Received - No Breakdown |
5900.00 |
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Total Interest |
$5,900.00
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0.53% |
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Miscellaneous Income: |
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Grant |
0.00 |
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Revenue Received |
150.00 |
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Miscellaneous Income |
$150.00
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0.01% |
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Refunds/Overpayments |
$1,450.00
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0.13% |
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Lien Release Fees |
$0.00
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0.00% |
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Total
Estimated Resources: |
$1,116,259.00
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100.00% |
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Appropriations: |
Budgeted |
Percent
Of |
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FYE-2000 |
Budget |
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Waste Collection |
$115,000.00
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27.10% |
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Public Works: |
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Street Repairs |
50000.00 |
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Storm Sewers |
7000.00 |
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Repairs Other |
7500.00 |
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Street Sealing |
1500.00 |
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Street Signs |
1000.00 |
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Snow Removal |
3000.00 |
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Mowing/Landscaping |
22050.00 |
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Total Public Works |
$92,050.00
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21.69% |
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City Building: |
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Principal Reduction/Expenses: |
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Principal |
12000.00 |
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Interest |
6500.00 |
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Utilities |
5000.00 |
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Janitorial |
1200.00 |
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Maintenance |
2500.00 |
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Total City Building |
$27,200.00
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6.41% |
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Street & Traffic Lights: |
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Street Lights - Utilities |
22000.00 |
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Traffic Lights - Utilities |
1000.00 |
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Total Street & Traffic Lights |
$23,000.00
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5.42% |
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Salaries: |
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City Clerk/Treasurer |
27000.00 |
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FICA W/H |
2500.00 |
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Medicare W/H |
400.00 |
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Boone County |
130.00 |
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Kentucky W/H |
300.00 |
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KY Unemployment Ins. W/H |
160.00 |
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CERS |
3500.00 |
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Total City Clerk/Treasurer |
33,990.00 |
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Mayor |
675.00 |
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Commission |
2700.00 |
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Cemetery Sexton |
1200.00 |
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Planning & Zoning Representative |
0.00 |
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Additional - Temporary Help |
5000.00 |
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Total Salaries |
$43,565.00
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10.27% |
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Attorney Expense: |
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City Attorney |
9000.00 |
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Other |
400.00 |
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Total Attorney Expense |
$9,400.00
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2.22% |
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Budgeted Funds - Planning & Zoning |
$20,000.00
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4.71% |
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Union/Rice Cemetery Expense: |
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Repair/Maintenance |
5000.00 |
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Other |
7000.00 |
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Total Union/Rice Cemetery Expense |
$12,000.00
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2.83% |
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Insurance Expense: |
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Liability |
10000.00 |
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Workers Compensation Trust |
700.00 |
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Total Insurance Expense |
$10,700.00
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2.52% |
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County PVA Fees: |
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Use of County Assessment Role |
10000.00 |
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Tax Bill Preparation |
100.00 |
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County PVA - Other |
0.00 |
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Total PVA Fees |
$10,100.00
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2.38% |
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Engineer Expense: |
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Time |
25000.00 |
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Mileage |
1500.00 |
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Expense |
100.00 |
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Total Engineer Expense |
$26,600.00
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6.27% |
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Required Annual Audit |
$3,500.00
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0.82% |
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Miscellaneous Expense |
$2,000.00
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0.47% |
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Code of Ordinances Update |
$2,000.00
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0.47% |
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Legal Advertising |
$2,000.00
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0.47% |
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Interlocal Agreements: |
$1,900.00
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0.45% |
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Telephone Expenses: |
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City Building Voice Line |
4000.00 |
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City Building Fax Line |
800.00 |
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City Building Voice Mail |
500.00 |
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Total Telephone Expense |
$5,300.00
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1.25% |
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Office Supplies |
$500.00
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0.12% |
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Office Equipment & Repairs: |
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Computer Equipment - Repairs |
500.00 |
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Computer Software/Contingencies |
3000.00 |
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Other Equipment - Purchases/Leases |
5500.00 |
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Other Equipment - Repairs |
100.00 |
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Total Equipment & Repairs |
$9,100.00
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2.14% |
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Postage |
$600.00
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0.14% |
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Business/Travel Expenses: |
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City Clerk - Includes KLC |
2000.00 |
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Mayor/Commissioners |
1500.00 |
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Total Business/Travel Expenses |
$3,500.00
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0.82% |
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NKADD |
$500.00
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0.12% |
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Petty Cash |
$200.00
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0.05% |
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Filing Fees |
$200.00
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0.05% |
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Professional Fees: |
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Accounting |
1000.00 |
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Other |
100.00 |
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Total Professional Fees |
$1,100.00
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0.26% |
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Dues & Subscriptions |
$1,500.00
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0.35% |
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Returned Checks |
$500.00
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0.12% |
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Penalty Charges |
$200.00
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0.05% |
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Interest Charges |
$50.00
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0.01% |
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Uncategorized Expenses |
$100.00
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0.02% |
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Total
Appropriations |
$424,365.00
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100.00% |
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Excess
of resources over/under |
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appropriations |
$95,994.00
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Estimated
Fund Balance End |
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of
Fiscal Year |
$691,894.00
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