FISCAL YEAR BUDGET FOR CITY OF UNION, KENTUCKY
for the Fiscal Year July 1, 2008 to June 30, 2009
EXHIBIT "A" Budgeted Percent Of Percent Of
FYE-2009 Resources Revenue
Resources Available:
Fund Balance Carried Forward From FY 07/08:
Money Market Savings 47,000.00
Business Checking Account 987,700.00
LGEAF - Coal & Mineral Fund 11,500.00
Municipal Road Fund 368,000.00
Union/Rice Cemetery Trust Fund 20,000.00
Petty Cash 100.00
Total Balance Carried Forward 1,434,300.00 50.05%
Transfer to Appropriations for Sewer 200,000.00
Transfer to Appropriations for Wetherington 62,000.00
Total Balance After Sewer Expenditure 1,172,300.00 40.91%
Revenue 2008-2009:
Tax Revenue 2008-2009:
Real Property (est.):
Current 767,242.34
Discount Allowance(2%) (15,344.85)
Delinquent Tax 19,568.89
Delinquent Tax - Penalty & Interest 5,880.60
Total Real Property Tax 777,346.98 27.13% 45.90%
Tangible Property (est.):
Current 17,594.08
Discount Allowance(2%) (351.88)
Delinquent Tax 675.98
Delinquent Tax - Penalty & Interest 135.69
Omitted Tangible Property 802.72
Total Tangible Taxes 18,856.59 0.66% 1.11%
Bank Deposits:
Current 10,249.91
Discount Allowance(2%) (205.00)
Delinquent Tax 0.00
Delinquent Tax - Penalty & Interest 0.00
Total Bank Deposits 10,044.91 0.35% 0.59%
Total Tax Revenue 806,248.48 28.13% 47.61%
Municipal Road Funds:
Revenue Received 55,974.15
Total Municipal Road Funds 55,974.15 1.95% 3.31%
Bond Agreement
    Revenue Received 49,215.20
Total Bond Agreement 49,215.20
LGEAF - Coal & Mineral Fund:
Revenue Received 1,333.52
Total LGEAF - Coal & Mineral Fund 1,333.52 0.05% 0.08%
Total Municipal Aid 106,522.87
Union/Rice Cemetery:
Revenue Received 2,400.00
Quarterly Income 0.00
Total Union/Rice Cemetery 2,400.00 0.08% 0.14%
Franchise Fees:
Telecommunications Tax 22,780.09
Total Franchise Fees 22,780.09 0.79% 1.35%
Interest:
Interest Received - Money Market Savings Account 13,580.61
Interest Received - Business Checking Account 0.00
Interest Received - Municipal Road Fund 0.00
Interest Received - LGEAF 210.79
Interest Received - No Breakdown 2,655.49
Total Interest 16,446.89 0.57% 0.97%
Miscellaneous Income:
Grant Revenue (Sanitary Sewer Grants) 475,774.00
Transfer from Prior Year's Carryover 262,000.00
Refunds / Overpayments (177.99)
Lien Release Fees 0.00
Miscellaneous Income 1,495.45
Total Miscellaneous Income 739,091.46 25.79% 43.64%
Total Revenue 2007-2008 1,693,489.79
Total Estimated Resources Available: 2,865,789.79
Appropriations:
Waste Collection: 212,000.00 7.40% 12.63%
Public Works:
Street Repairs (street repair, sealing,etc). 137,000.00
Storm Sewers 3,000.00
Repairs Other 5,000.00
Street Signs 2,000.00
Snow Removal 50,000.00
Sanitary Sewers (incl. grants not expended) 675,774.00
Mowing/Landscaping 30,000.00
Total Public Works 902,774.00 31.50% 53.79%
City Buildings:
Payoff City Office Bldg. 14,000.00
Utilities 5,300.00
* Electric
* Water
* Sewer
Janitorial 2,500.00
Maintenance 5,000.00
Payment & Interest (Public Works Bldg.) 26,511.33
   Total City Buildings 53,311.33 1.86% 3.18%
Street & Traffic Lights:
    Street Lights - Utilities 71,000.00
* Street Lights
* Entrance Lights
* Accent Lighting
    Traffic Signal - Utilities 1,000.00
Total Street & Traffic Lights 72,000.00 2.51% 4.29%
Salaries:
City Clerk/Treasurer Salary 46,856.00
Medicare W/H 679.41
KY Unemployment Ins. W/H 320.00
CERS 7,300.16
Superintendent of Public Works (contractor) 0.00
City Administrative Officer 14,400.00
FICA WH 288.00
Medicare WH 679.41
KY Unemployment Ins. W/H 160.00
CERS 0.00
Mayor 675.00
Commission 2,700.00
Cemetery Sexton 1,200.00
Additional - Temporary Help 13,500.00
   Total Salaries 88,757.99 3.10% 5.29%
Attorney Expense:
City Attorney 50,000.00
Sewer Project 10,000.00
   Total Attorney Expense 60,000.00 2.09% 3.57%
Planning
Planning & Zoning 50,000.00
GIS Services 6,000.00
Boone County Urban Forestry 50,000.00
Total Planning 106,000.00 3.70% 6.32%
Union/Rice Cemetery Expense:
Repair / Maintenance 1,000.00
* Fencing
* Seeding & Cover
* Mulching
Other
Total Union/Rice Cemetery Expense 1,000.00 0.03% 0.06%
Insurance Expense:
Liability 7,392.00
Bonding 500.00
Workers Compensation Trust 550.00
Total Insurance Expense 8,442.00 0.29% 0.50%
County PVA Fees:
Use of County Assessment Role 21,500.00
Tax Bill Preparation 0.00
County PVA - Other 0.00
   Total PVA Fees 21,500.00 0.75% 1.28%
Engineer Expense:
Time 64,000.00
Sanitary Sewer 36,000.00
Mileage 2,500.00
Expense 0.00
Total Engineer Expense 102,500.00 3.58% 6.11%
Required Annual Audit 4,500.00 0.16% 0.27%
Miscellaneous Expense 4,000.00 0.14% 0.24%
Code of Ordinances Update 3,500.00 0.12% 0.21%
Legal Advertising 4,500.00 0.16% 0.27%
Interlocal Agreements 1,200.00 0.04% 0.07%
Telecommunication Expenses:
Telephone, Voicemail, Network, etc. 3,400.00
Total Telecomm. Expense 3,400.00 0.12% 0.20%
  Office Supplies 2,000.00 0.07% 0.12%
  Office Equipment & Repairs:
Computer Equipment and Repairs 1,000.00
Computer Software/Contingencies 2,000.00
Other Equipment - Purchases/Leases 7,000.00
Other Equipment - Repairs 500.00
   Total Equipment & Repairs 10,500.00 0.37% 0.63%
  Postage 1,500.00 0.05% 0.09%
Business/Travel Expenses:
City Clerk - Includes KLC 2,000.00
City Administrative Officer 0.00
Mayor/Commissioners 2,000.00
Total Business/Travel Expenses 4,000.00 0.14% 0.24%
Northern KY Area Development District 1,500.00 0.05% 0.09%
Northern Kentucky Regional Ethics Authority 500.00 0.02% 0.03%
* ($300 Annual Fee + $300 Setup Fee)
Petty Cash 500.00 0.02% 0.03%
Filing Fees 100.00 0.00% 0.01%
Professional Fees:
Accounting 300.00
Payroll 1,200.00
Other 1,500.00
Total Professional Fees 3,000.00 0.10% 0.18%
Dues & Subscriptions 4,000.00 0.14% 0.24%
Returned Checks 1,200.00 0.04% 0.07%
Penalty Charges 50.00 0.00% 0.00%
Interest Charges 0.00 0.00% 0.00%
Uncategorized Expenses 100.00 0.00% 0.01%
Total Appropriations 1,678,335.32 58.56% 100.00%
Excess of resources over / (under)
revenues 15,154.47
Estimated Fund Balance End
of Fiscal Year 1,187,454.47