Budget Hearing MAR 2012

 

Lincoln Village Council met on Monday March 5, 2012 at 6:30 P.M.at the Village hall.  Purpose of the meeting was to hear public comments regarding the proposed budget for the fiscal year 2012-2013.  Those present included: President Jordan, Treasurer Kossa, Clerk Somers, Deputy Clerk/Treasurer Stutzman and Council Members, Gauthier, Healy, Naylor, Somers and Stutzman. Council Member Lask was absent.  No public discussion was heard.  Treasurer Kossa stated that the proposed revenues should be adequate to support the proposed budget.   Kossa noted that we need to be cautious and keep our spending in line.  She expressed concern about the road funding for Major and Local Streets that the state has talked about cutting.  Motion was made by Gauthier with support from Stutzman to adopt the budget.  Motion carried.  Following is the 2012-2013 Budget.

 

GENERAL FUND

EXPENDITURES

 

 

General Government   

 

 

President

 

6,000.00

Treasurer

 

8,786.50

Clerk

 

8,191.85

Council

 

6,750.00

Professional Fees

 

7,500.00

Utilities

 

8,500.00

Zoning

 

6,500.00

Insurances

 

             11,000.00

Maintenance

 

13,000.00

Other

 

8,500.00

Public Safety

 

 

FD Salaries

 

7,000.00

FD Gasoline

 

1,200.00

FD Utilities

 

2,000.00

FD Insurance

 

5,000.00

FD Supplies

 

1,500.00

 

 

 

FD Other

 

7,500.00

FR Salaries

 

7,000.00

FR Other

 

2,000.00

Capital Outlay                            

 

15,000.00

Debt Service Principal                

 

13,000.00

Debt Service Int.                           

 

3,128.00

Recreation & Culture

 

 

Maint. & Improve.

 

5,000.00

Street Lights/Utility 

            

12,000.00

Gasoline

 

6,500.00

Equipment Rentals/Gen

 

9,000.00

Salaries/General   

            

16,000.00

Payroll Liabilities

              

5,000.00

Decoration Fund

 

3,000.00

TOTAL EXPENDITURES           

 

$ 205,556.35

 

 

 

REVENUES/GENERAL FUND

 

 

Current Tax Levy

 

50,000.00

State Cons. Tax

 

20,000.00

Fire Contracts

 

44,000.00

Other Revenues/Misc.

 

89,556.35

Interest               

 

  2,000.00

TOTAL REVENUES

 

$205,556.35

 

MAJOR STREET FUND

 

EXPENDITURES

 

 

Public Works/Transportation

 

15,400.00

Routine Maintenance

 

14,800.00

Winter Maintenance

 

  8,800.00

Salaries

 

15,000.00

Administration

 

5,000.00

TOTAL EXPENDITURES

 

$59,000.00

 

 

 

REVENUES

 

 

State Revenue Sharing

 

37,000.00

Village Raised Tax

 

11,000.00

Fund Equity

 

11,000.00

TOTAL REVENUES

           

$59,000.00

 

 

 

LOCAL STREET FUND

 

EXPENDITURES

 

 

Public Works/Transportation

 

5,000.00

Routine Maintenance

 

6,000.00

Winter Maintenance

 

3,000.00

Salaries

 

6,500.00

Administration

 

2,500.00

TOTAL EXPENDITURES    

 

           $23,000.00

 

REVENUES

 

 

State Revenue Sharing

 

12,000.00

Village Raised Tax

 

11,000.00

TOTAL REVENUES                        

 

 

$23,000.00

SEWER FUND

 

EXPENDITURES

 

 

Salaries

 

$3,000.00

Engineering

 

500.00

Insurance

 

1,000.00

Maintenance

 

4,234.20

Equipment Rental

 

2,000.00

Capital Outlay

 

1,000.00

TOTAL EXPENDITURES  

 

           $ 11,734.20

 

 

 

REVENUES

 

 

47.7 Units X 20.50 per month

 

 

(977.85) X 12 months     

 

11,734.20

TOTAL REVENUES

 

$11,734.20

 

 

 

 

 

 

 

 

Linda K. Somers

Village Clerk

                                               

 

 

 
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