| FISCAL YEAR BUDGET FOR CITY OF UNION, KENTUCKY |
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| As Amended January
2009 |
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| for
the Fiscal Year July 1, 2008 to June 30, 2009 |
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| EXHIBIT "A" |
Budgeted |
Percent Of |
Percent Of |
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FYE-2009 |
Resources |
Revenue |
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| Resources Available: |
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| Fund Balance Carried Forward
From FY 07/08: |
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| Money Market Savings |
47,000.00 |
|
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| Business Checking Account |
987,700.00 |
|
|
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| LGEAF - Coal & Mineral
Fund |
11,500.00 |
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| Municipal Road Fund |
368,000.00 |
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| Union/Rice Cemetery Trust
Fund |
20,000.00 |
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| Petty Cash |
100.00 |
|
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| Total Balance Carried Forward |
1,434,300.00 |
49.43% |
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| Transfer to Appropriations
for Sewer |
200,000.00 |
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| Transfer to Appropriations
for Wetherington |
62,000.00 |
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| Transfer to Appropriations
for UTC Cons. |
47,000.00 |
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| Transfer to Appropriations
for Pub. Wrks. |
120,000.00 |
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| Total Balance After Above
Transfer |
1,005,300.00
|
34.64% |
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| Revenue 2008-2009: |
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| Tax Revenue 2008-2009: |
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| Real Property (est.): |
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| Current |
846,267.44 |
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| Discount Allowance(2%) |
(14,455.77) |
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| Delinquent Tax |
16,042.92 |
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| Delinquent Tax - Penalty
& Interest |
2,334.10 |
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| Total Real Property Tax |
850,188.69 |
29.30% |
44.83% |
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| Tangible Property (est.): |
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| Current |
23,777.93 |
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| Discount Allowance(2%) |
(360.00) |
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| Delinquent Tax |
1,009.86 |
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| Delinquent Tax - Penalty
& Interest |
13.53 |
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| Omitted Tangible Property |
431.05 |
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| Total Tangible Taxes |
24,872.37 |
0.86% |
1.31% |
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| Bank Deposits: |
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| Current |
11,249.73 |
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| Discount Allowance(2%) |
4,963.50 |
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| Delinquent Tax |
0.00 |
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| Delinquent Tax - Penalty
& Interest |
0.00 |
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| Total Bank Deposits |
16,213.23 |
0.56% |
0.85% |
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| Total Tax Revenue |
891,274.29 |
30.71% |
46.99% |
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| Municipal Road Funds: |
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| Revenue Received |
60,400.00 |
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| Total Municipal Road Funds |
60,400.00 |
2.08% |
3.18% |
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| Bond Agreement |
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| Revenue Received |
0.00 |
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| Total Bond Agreement |
0.00 |
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| LGEAF - Coal & Mineral
Fund: |
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| Revenue Received |
1,333.52 |
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| Total LGEAF - Coal &
Mineral Fund |
1,333.52 |
0.05% |
0.07% |
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| Total Municipal Aid |
61,733.52 |
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| Union/Rice Cemetery: |
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| Revenue Received |
2,400.00 |
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| Quarterly Income |
0.00 |
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| Total Union/Rice Cemetery |
2,400.00 |
0.08% |
0.13% |
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| Franchise Fees: |
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| Telecommunications Tax |
22,780.09 |
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| Total Franchise Fees |
22,780.09 |
0.79% |
1.20% |
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| Interest: |
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| Interest Received - Money
Market Savings Account |
6,544.32 |
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| Interest Received - Business
Checking Account |
0.00 |
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| Interest Received - Municipal
Road Fund |
0.00 |
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| Interest Received - LGEAF |
210.79 |
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| Interest Received - No
Breakdown |
2,655.49 |
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| Total Interest |
9,410.60 |
0.32% |
0.50% |
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| Miscellaneous Income: |
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| Grant Revenue (Sanitary Sewer
Grants) |
475,774.00 |
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| Transfer from Prior Year's
Carryover |
429,000.00 |
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| Refunds / Overpayments |
2,691.09 |
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| Lien Release Fees |
0.00 |
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| Miscellaneous Income |
1,495.45 |
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| Total Miscellaneous Income |
908,960.54 |
31.32% |
47.93% |
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| Total Revenue 2007-2008 |
1,896,559.04
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| Total Estimated Resources
Available: |
2,901,859.04 |
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| Appropriations: |
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| Waste Collection: |
212,000.00 |
7.31% |
11.23% |
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| Public Works: |
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| Street Repairs (street
repair, sealing,etc). |
175,000.00 |
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| * Street Resurfacing |
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| * Street Sealing |
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| * Potholes, etc. |
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| Storm Sewers |
25,000.00 |
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| Repairs Other |
5,000.00 |
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| * Sidewalks |
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| * Irrigation system |
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| Street Signs |
2,000.00 |
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| Snow Removal |
60,000.00 |
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| Sanitary Sewers (incl. grants
not expended) |
675,774.00 |
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| Mowing/Landscaping/Other |
80,000.00 |
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| Total Public Works |
1,022,774.00 |
35.25% |
54.19% |
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| City Buildings: |
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| Payoff City Office Bldg. |
10,718.39 |
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| Utilities |
5,300.00 |
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| * Electric |
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| * Water |
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| * Sewer |
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| Janitorial |
2,500.00 |
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| Maintenance |
5,000.00 |
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| Payment & Interest
(Public Works Bldg.) |
26,511.33 |
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| Total City Buildings |
50,029.72 |
1.72% |
2.65% |
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| Street & Traffic Lights: |
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| Street Lights - Utilities |
50,000.00 |
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| * Street Lights |
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| * Entrance Lights |
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| * Accent Lighting |
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| Traffic Signal - Utilities |
3,200.00 |
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| Total Street & Traffic
Lights |
53,200.00 |
1.83% |
2.82% |
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| Salaries: |
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| City Clerk/Treasurer |
46,856.00 |
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| Medicare W/H |
679.41 |
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| KY Unemployment Ins. W/H |
320.00 |
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| CERS |
7,300.16 |
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| Superintendent of Public
Works (contractor) |
0.00 |
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| City Administrative Officer |
25,000.00 |
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| FICA WH |
500.00 |
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| Medicare WH |
679.41 |
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| KY Unemployment Ins. W/H |
160.00 |
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| CERS |
3,895.00 |
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| Mayor |
675.00 |
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| Commission |
2,700.00 |
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| Cemetery Sexton |
1,200.00 |
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| Additional - Temporary Help |
13,500.00 |
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| Total Salaries |
103,464.99
|
3.57% |
5.48% |
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| Attorney Expense: |
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| City Attorney |
85,000.00 |
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| Sewer Project |
5,000.00 |
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| Total Attorney Expense |
90,000.00 |
3.10% |
4.77% |
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| Planning |
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| Planning & Zoning |
50,000.00 |
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| GIS Services |
6,000.00 |
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| Boone County Urban Forestry |
50,000.00 |
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| Union Town Plan (Pizutti) |
47,000.00 |
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| Total Planning |
153,000.00 |
5.27% |
8.11% |
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| Union/Rice Cemetery Expense: |
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| Repair / Maintenance |
1,000.00 |
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| * Fencing |
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| * Seeding & Cover |
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| * Mulching |
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| Other |
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| Total Union/Rice Cemetery
Expense |
1,000.00 |
0.03% |
0.05% |
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| Insurance Expense: |
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| Liability |
7,392.00 |
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| Bonding |
500.00 |
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| Workers Compensation Trust |
550.00 |
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| Total Insurance Expense |
8,442.00 |
0.29% |
0.45% |
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| County PVA Fees: |
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| Use of County Assessment Role |
21,500.00 |
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| Tax Bill Preparation |
300.00 |
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| County PVA - Other |
0.00 |
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| Total PVA Fees |
21,800.00 |
0.75% |
1.16% |
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| Engineer Expense: |
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| Time |
80,000.00 |
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| Sanitary Sewer |
36,000.00 |
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| Mileage |
5,000.00 |
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| Expense |
0.00 |
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| Total Engineer Expense |
121,000.00 |
4.17% |
6.41% |
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| Required Annual Audit |
4,000.00 |
0.14% |
0.21% |
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| Miscellaneous Expense |
2,000.00 |
0.07% |
0.11% |
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| Code of Ordinances Update |
2,000.00 |
0.07% |
0.11% |
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| Legal Advertising |
9,000.00 |
0.31% |
0.48% |
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| Interlocal Agreements |
1,200.00 |
0.04% |
0.06% |
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| Telecommunication Expenses: |
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| Telephone, Voicemail,
Network, etc. |
3,400.00 |
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| Total Telecomm. Expense |
3,400.00 |
0.12% |
0.18% |
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| Office Supplies |
2,000.00 |
0.07% |
0.11% |
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| Office Equipment & Repairs: |
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| Computer Equipment and
Repairs |
1,000.00 |
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| Computer
Software/Contingencies |
2,000.00 |
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| Other Equipment -
Purchases/Leases |
7,000.00 |
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| Other Equipment - Repairs |
500.00 |
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| Total Equipment & Repairs |
10,500.00 |
0.36% |
0.56% |
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| Postage |
1,500.00 |
0.05% |
0.08% |
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| Business/Travel Expenses: |
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| City Clerk - Includes KLC |
2,000.00 |
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| City Administrative Officer |
0.00 |
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| Mayor/Commissioners |
2,000.00 |
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| Total Business/Travel
Expenses |
4,000.00 |
0.14% |
0.21% |
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| Northern KY Area Development
District |
1,500.00 |
0.05% |
0.08% |
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| Northern Kentucky Regional
Ethics Authority |
500.00 |
0.02% |
0.03% |
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| * ($300 Annual Fee + $300 Setup Fee) |
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| Petty Cash |
500.00 |
0.02% |
0.03% |
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| Filing Fees |
100.00 |
0.00% |
0.01% |
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| Professional Fees: |
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| Accounting |
300.00 |
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| Payroll |
1,200.00 |
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| Other |
1,500.00 |
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| Total Professional Fees |
3,000.00 |
0.10% |
0.16% |
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| Dues & Subscriptions |
4,000.00 |
0.14% |
0.21% |
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| Returned Checks |
1,200.00 |
0.04% |
0.06% |
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| Penalty Charges |
50.00 |
0.00% |
0.00% |
|
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| Interest Charges |
0.00 |
0.00% |
0.00% |
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| Uncategorized Expenses |
100.00 |
0.00% |
0.01% |
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| Total Appropriations |
1,887,260.71
|
65.04% |
100.00% |
|
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|
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| Excess of resources over /
(under) |
|
|
|
|
| revenues |
9,298.33 |
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| Estimated Fund Balance End |
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| of Fiscal Year |
1,014,598.33 |
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