| Road Reconstruction and Maintenance (Highway
Expenditures) and the Tax Levy for 2007 Taxes were approved |
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| at
the Special Town Meeting held following the Budget Hearing on November 10,
2007 and the 2008 Budget as |
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| shown
below was approved by the Town of Angelica Board of Supervisors at their
special meeting held on |
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| November
10, 2007 following the Special Town Meeting. |
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BUDGET SUMMARY FOR THE TOWN OF ANGELICA |
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2007 |
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2006 |
ACTUAL / |
2007 |
2008 |
% |
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ACTUAL |
ESTIMATED |
BUDGET |
PROPOSED |
CHANGE |
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| Revenues: |
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| Town Tax - General Levy |
$329,049 |
$340,280 |
$340,280 |
$353,415 |
3.86% |
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| State Aids, Grants, Shared Revenue, PILT, MFL |
203,758 |
205,845 |
205,426 |
210,372 |
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| Licenses and Permits |
3,748 |
3,925 |
3,460 |
3,320 |
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| Charges for Services |
15,336 |
47,509 |
44,750 |
45,210 |
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| Interest & Dividends |
10,325 |
11,298 |
8,000 |
9,000 |
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| Sale of Used Culverts |
1,224 |
362 |
525 |
500 |
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| Delinquent P.P. & Omitted Taxes Collected |
3,049 |
1,364 |
450 |
450 |
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| Miscellaneous Revenue |
265 |
10,434 |
0 |
0 |
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| TOTAL REVENUES |
$566,754 |
$621,017 |
$602,891 |
$622,267 |
3.21% |
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| Expenditures: |
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| Administrative, Elections |
$76,607 |
$72,302 |
$70,292 |
$83,816 |
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| Assessor's Contract and State Assessing Fees |
11,160 |
11,405 |
11,705 |
39,630 |
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| Insurance, Legal Fees & Planning Committee |
12,358 |
6,032 |
9,385 |
6,869 |
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| Comprehensive Plan (Smart Growth) |
1,650 |
1,650 |
4,798 |
5,542 |
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| Hall-Electric,Phone,Repairs, Maint. & Supplies |
3,686 |
3,671 |
4,177 |
3,637 |
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| Town Hall Addition & Renovation |
3,623 |
18,808 |
0 |
11,750 |
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| Krakow Park Maintenance, Utilities, Improvements |
3,801 |
3,167 |
4,325 |
4,175 |
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| Fire Protection Services |
29,950 |
30,641 |
31,059 |
34,358 |
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| Rescue/Ambulance 911 Services |
50,760 |
28,526 |
29,500 |
54,309 |
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| Animal Control |
0 |
3,472 |
2,217 |
1,836 |
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| Garbage & Recycling Pickup, Tippage |
61,135 |
64,412 |
66,422 |
67,301 |
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| Cemetery Trust Fund & Maintenance |
200 |
200 |
200 |
200 |
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| Road Reconstruction & Maintenance |
343,589 |
360,484 |
358,605 |
321,818 |
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| Miscellaneous |
148 |
347 |
0 |
0 |
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| Reserve for Contingencies |
0 |
0 |
11,000 |
15,000 |
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| TOTAL EXPENDITURES |
$598,667 |
$605,117 |
$603,685 |
$650,241 |
7.71% |
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| EXCESS OF REVENUES |
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$15,900 |
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-$27,974 |
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| OVER (UNDER) EXPENDITURES |
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| UNRESERVED
CASH BALANCE JANUARY 1 (excluding tax
roll collections) |
$12,074 |
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$27,974 |
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| RESERVED FOR TOWN HALL
RENOVATION |
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[64,264] |
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$0 |
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| UNRESERVED
CASH BALANCE DECEMBER 31 (excluding tax roll collections) |
$27,974 |
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$0 |
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| RESERVED FOR TOWN HALL
RENOVATION |
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[67,794] ** |
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| **Will be used for addition to town hall
done in 2007. |
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| Property Taxes Levied for
Municipality * |
$329,049 |
$340,280 |
$340,280 |
$353,415 |
3.86% |
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| *Based on Aggregate Assessed Valuation of
$87,800,800.00 |
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| $87,800,800.00 x $4.02519114 |
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| Total 2008 Anticipated Expenditures |
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$650,241 |
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| Less:
Total 2008 Anticipated Non-Property Tax Revenues |
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-$268,852 |
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| Less:
Estimated Excess Cash Balance - December 31, 2007 Applied to Reduce
Levy |
-$27,974 |
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| Amount Required for Levy |
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$353,415 |
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