Transcript Proposed Tentative Budget Fiscal Year 2014-15

Proposed
Tentative
Budget Fiscal
Year 2014-15
Chancy A. Nutt, Finance Administrator
Summary by Fund
General
Fund
Source of Funds:
Fund Balance Beginning
Highway
Users Tax
Fund
$ 2,559,875 $
Operating Revenue
1,688,988
Local Transit
Assistance
410,682 $
Justice
Court
Revenue
Fund
1,310 $
226,574
Water
Enterprise
74,330 $
23,775
Total All
Funds
62,956 $ 3,109,153
167,500
2,106,837
Grants Revenue
60,400
467,065
527,465
Interest Earnings / Other Revenue Sources
30,250
5,242
35,492
702,763
5,778,947
Available Funds
4,339,513
637,256
1,310
98,105
1,080,255
47,100
105,550
1,232,905
183,895
23,600
58,200
265,695
Capital Outlay
65,000
177,793
9,000
351,208
Grants
60,400
467,065
527,465
60,837
2,777,016
Use of Funds:
Operating Expenditures
Personnel Services Exp.
Contingency
2,328,358
Rainy Day Restricted Funds
1,310
98,105
387,821
600,000
Total use of funds $ 4,317,908 $
Less 2% of operating revenue: reserve
Fund Balance Ending $
21,605
(0) $
600,000
636,314 $
942
- $
1,310 $
-
- $
98,105 $
-
- $
700,652 $ 5,754,289
2,111
- $
24,658
(0)
Funds as related to the whole
Funds
1%
12%
12%
25%
General
Contingency
Rainy Day
11%
39%
Highway User
Water Dept
Restricted
proposed tentative budget FY 14-15
All Fund Summary
Revenues:
Operating Revenue
Grants/One Time Revenue
Other
$ 2,106,837
527,465
35,492
Total Revenue
$ 2,669,794
Expenditures:
Operating Expenditures
Personnel Services Exp.
Capital Outlay
Grants
Contingency
Rainy Day Restricted Funds
$ 1,232,905
265,695
351,208
527,465
2,777,016
600,000
Total Expenditures
$ 5,754,289
Excess of revenues over/(under) expenditures, or budget
surplus (deficit)
(3,084,495)
Cumulative amount available for appropriations (or
unreserved fund balance) from prior years
Less 2% of operating revenue: reserve
Unreserved Fund Balance Ending
3,109,153
24,658
$
(0)
All Fund Revenue Sources
Source
1%
Available Fund
Balance
9%
42%
36%
Restricted Fund
Balance
Operating
12%
Grants
Other
Community Impact
Service

Safety
(Law Enforcement, Dog Control,
Funding Source

General Fund Operating
Expense

General Fund Grant
General Fund Operating
Expense
HURF Operating Expense
HURF Contingency
Water Department
Operating Expenses
Water Department Grants
Building and Zoning Compliance)






Meals on Wheels
Park and Events
Streets and Roads
Maintenance
Improved Road Infrastructure
Reliable and Safe Water
Improved Water
Infrastructure




