ORDINANCE NO. O-15-2009

 

AN ORDINANCE AMENDING A GENERAL FUND BUDGET FOR THE CITY OF FORT THOMAS, CAMPBELL COUNTY, KY, FOR THE FISCAL YEAR 7/1/2008 – 6/30/2009, BY ESTIMATING REVENUES AND RESOURCES AND APPROPRIATING FUNDS FOR THE OPERATION OF CITY GOVERNMENT.

 

 

WHEREAS, an annual budget proposal and message have been prepared and copies delivered to the Board of Council; and

 

NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF FORT THOMAS, CAMPBELL COUNTY, KENTUCKY:

 

SECTION I

 

That the annual budget for the Fiscal Year beginning 7/1/2008 and ending 6/30/2009 for the following funds is hereby amended as follows:

 

RESOURCES AVAILABLE

 

GENERAL FUND

MUNICIPAL ROAD AID FUND

TOWER PARK FUND

Estimated Carry-Over Balance

 

 

$ 2,307,136

 

$     321,133

 

$     975,510

 

 

 

 

 

REVENUES

 

 

 

 

 

 

 

 

 

Taxes

 

   3,886,690

  

 

Licenses/Permits

 

   4,171,530

 

 

Fines/Penalties

 

        55,750

 

 

Investment Income

 

      309,355

            4,000

         25,000

State/Fed/Reimb Rev

 

      176,660

     1,070,008

 

Current Services

 

      562,215

 

 

Projected Assessments

 

 

          27,000

 

Miscellaneous

 

183,845

512,845

            7,500

            5,000

Transfer Funds

 

      100,000

 

       

Franchise Tax

 

 

          75,200

 

Lease Proceeds

 

       800,000

 

 

TOTAL REVENUES

 

  10,246,045

  10,574,045

     1,183,708

          30,000

 

 

 

 

 

TOTAL AVAILABLE FUNDS

 

 

12,553,181

12,882,181

 

     1,504,841

 

     1,055,510

 

EXPENDITURES

 

 

 

 

 

 

GENERAL FUND

MUNICIPAL ROAD AID FUND

TOWER PARK FUND

General Administration

 

  1,223,582

 

 

Police Department

 

  2,926,530

 

 

Fire Department

 

  2,758,585

 

 

Recreation Department

 

     515,235

 

 

General Services Dept.

 

  2,195,275

 

 

Grants and Subsidies

 

          0

   329,000

 

            6,500

Capital Improvements

 

   800,000

      1,387,110

          71,000

Transfer Funds

 

   435,670

    

          12,990

Reservation of Funds

 

 

 

 

 

 

 

 

 

TOTAL EXPENDITURES

 

 

  10,854,877

  11,183,877 

 

     1,387,110

 

           90,490

 

 

 

 

 

ESTIMATED SURPLUS

 

     1,698,304

        117,731

         915,020

 

 

SECTION II

 

This Ordinance shall be signed by the Mayor, attested by the City Clerk, published according to KRS Chapter 424, and shall be in effect at the earliest date provided by law.

 

 

                                                                                   

APPROVED:

 

 

                                                                                    ______________________________

                                                                                    Mary H. Brown, Mayor

 

 

1st Reading:                  

 

ADOPTED:     

 

Published:    

 

ATTEST:

 

_________________________________

Melissa K. Kelly, City Clerk