BUDGET HEARING March 2010

 

BUDGET HEARING

March 1, 2010

The Lincoln Village Council held their annual budget hearing on Monday March 1st at 6:45 p.m.  Those present included President Phillip Jordan, Treasurer Mary Kossa, Clerk Linda Somers, Deputy Clerk/Treasurer Connie Stutzman and Council Members: Bonny Gauthier, Kristin Lask, Philip Naylor, Richard Somers and John Stutzman.  Absent was Council Member Ronald Kennard.  The property tax millage rate proposed to be levied to support the proposed budget was a subject of the budget hearing. The floor was opened for public comment.   Village resident Joan Gonyea questioned funds that were in the budget for grant matching funds for the fire department.  President Jordan stated that the funds are being set aside in hopes of trying to fund an emergency generator for the community through a grant.  She asked that the fire department be informed that the funding is for grants only.  Treasurer Kossa stated that at this time the mileage that is in place should support this budget.  Kristin Lask made a motion to accept and approve the proposed budget and close the meeting.  Bonny Gauthier offered support.  Motion carried.  The Budget follows:

GENERAL FUND REVENUES                                 GENERAL FUND EXPENDITURES

TAXES                                                   50,000.00                                             COUNCIL                         25,550.00

LICENSES & PERMITS                            100.00                                             ATTORNEY F                     1,200.00

STATE SHARED REVENUE              20,000.00                                             PRESIDENT                        3,553.00

BANK INTEREST                                   1,000.00                                            CLERK                                  7,872.00

CHARGE FOR SERVICES                    4,300.00                                             TREASURER                       8,957.00

FIRE PROTECTION                            42,574.20                                             DEP. CLK/TRS                       540.00

ADMINISTRATION                            20,000.00                                             HALL                                    6,500.00

FUND EQUITY                                      31,430.80                                            PUBLIC WORKS              13,806.00

TOTAL                                                 $169,405.00                                          FIRE DEPARTMENT        43,352.00

                                                                                                                                MED FIRST RESPOND.   12,960.00

                                                                                                                                PLANNING COMM.           5,620.00

                                                                                                                                STREET LIGHTS                  11,500.00

                                                                                                                                PARKS & Rec.                     27,995.00

                                                                                                                                TOTAL                               $169,405.00

 

EQUIPMENT RENTAL FUND                              EQUIPMENT RENTAL FUND

REVENUE FROM RENTALS                                 EXPENDITURES

                                   $32,010.00                                                 Salaries                                 5,000.00

                                                                                                                                Social Security                       385.00

                                                                                                                                Telephone                              625.00

                                                                                                                                Insurance                            2,500.00

                                                                                                                                Repairs/Maintenance    8,000.00

                                                                                                                                Capital Outlay                    4,000.00

                                                                                                                                Gasoline                              6,500.00

                                                                                                                                Vehicle Replacement     5,000.00

                                                                                                                                TOTAL                              $32,010.00

SEWER REVENUE                                                SEWER EXPENDITURES

67.2 units X 20.00 per month =                                                                   Salaries                                 3,000.00

1,344.00 x 12 months = $16,128.00                                                            Social Security                      230.00

                                                                                                                                Engineering/Audit           1,500.00

                                                                                                                                Insurance                            1,000.00

                                                                                                                                Utilities                                     300.00

                                                                                                                                Maintenance                     7,000.00

                                                                                                                                Capital Outlay                    1,000.00

                                                                                                                                Equipment Rental            2,098.00

                                                                                                                                TOTAL                              $16,128.00

MAJOR STREET                                                   MAJOR STREET

REVENUES                                                           EXPENDITURES

Motor Vehicle Highway Fund    37,000.00                                              Construction                      13,000.00

Village Raised Taxes                    11,000.00                                                 Traffic                                         700.00

Fund Equity                                   11,000.00                                                  RM Salaries                            9,000.00

TOTAL                                           $59,000.00                                                   WM Salaries                          5,000.00

                                                                                                                                Social Security                      1,000.00

                                                                                                                                RM Equip. Rental             14,800.00

                                                                                                                                WM Equip. Rental               8,800.00

                                                                                                                                Administration                     6,700.00

                                                                                                                                TOTAL                                 $59,000.00

LOCAL STREET                                                     LOCAL STREET

REVENUES                                                           EXPENDITURES

Motor Vehicle Highway Fund   12,000.00                                               Construction                      10,000.00

Village Raised taxes                    11,000.00                                                 Traffic                                         400.00

Fund Equity                                    5,500.00                                                   RM Salaries                            4,000.00

TOTAL                                          $28,500.00                                                    WM Salaries                         2,000.00

                                                                                                                                Social Security                          500.00

                                                                                                                                RM Equip. Rental                 6,000.00

                                                                                                                                WM Equip. Rental                3,000.00

                                                                                                                                Administration                      2,600.00

                                                                                                                                TOTAL                                   $28,500.00

 
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