FISCAL YEAR JULY 1, 2016 – JUNE 30, 2017
LEVY ESTIMATE – BUDGET DOCUMENT
In accordance with Code section 11-8-14, as amended, the Council proceeded to make an estimate of the amounts necessary to be raised by levy of taxes for the current fiscal year, and does determine and estimate the several amounts to be as follows:
The amount due and the count that will become due and collectible from every source during the fiscal year INCLUDING THE LEVY OF TAXES, is as follows:
REVENUE SOURCE
Unassigned Fund Balance 170,984
Property Taxes – Current Expense 33,562
Bas & Oil Severance Tax 1,200
Animal Control Tax 35
Licenses 850
Building Permit Fees 500
Franchise Fees 13,000
IRP Fees (Interstate Registration Plan) 10,000
Rents, Royalties, and Concessions 9,600
Gaming Income 9,000
Video Lottery (LVL) 1,400
TOTAL ESTIMATED REVENUE
(GENERAL FUND) $ 250,131
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Coal Severance Tax 1,500
TOTAL ESTIMATED REVENUe
(COAL SEVERANCE FUND) $ 1,500
General Coal Severance
Fund Fund
ESTIMATED CURRENT EXPENDITURES
Zoning Board 5,000 –
Mayor’s Office 3,000 –
City Council 3,000 –
Recorder’s office 1,000 –
City Clerk’s Office 6,500 –
City Attorney 5,000 –
City Auditor 6,000 –
Main Street Program 2,000 –
Enforcement Agency 5,000 –
Custodial 3,000 –
Regional Development Authority 1,000 –
Building Inspection 5,000 –
Planning & Zoning 2,000 –
Elections 2,000 –
City Hall 18,000 –
Other Buildings 15,000 –
Charter Board 1,000 –
Public Grounds 2,000 –
Contingencies 12,547 –
Police Department 9,084 –
Fire Hydrants 500 –
Streets and Highways 3,000 –
Street Lights 8,000 1,500
Signs and Signals 1,000 –
Snow Removal 22,000 –
Street Cleaning 3,000 –
Sidewalks 92,500 –
Fair Associations/Festivals 10,000 –
Beautification Programs 2,000 –
Capital Projects – General Government 1,000 –
TOTAL ESTIMATED EXPENDITURES $ 250,131 $ 1,500
4/23