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Show 'ORDINANCE NO. 56-79 AN ORDINANCE ADOPTING BUDGET AND APPROPRIATING APPRO-PRIATING FUNDS AND COVERING EXPENDITURES FOR THE MAINTENANCE AND OPERATION OF THE VARIOUS FUNDS OF THE CITYOFMILFORD, INCLUDING REVENUE SHARING, FOR THE FISCAL YEAR JULY 1, 1979 to JUNE 30, 1980. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF MILFORD: That In accordance with the municipal fiscal procedures pro-cedures act for the Utah Cities, Sections 10-10-40 through Section 59, therein, is hereby adopted the following budget for the City .of Milford for the Fiscal year July 1, 1979 to June 30, 1980, and there is hereby appropriated out of the City Treasury from estimated revenues, the following sums for the purpose hereinafter set out for the year ending June 30, 1980. OCITY OF MILFORD OPERATING BUDGET FOR THE FISCAL YEAR ENDING JUNE 30, 1980'' DESCRIPTION REVENUES AND EXPENDITURES Budget Estimates 1979-80 GENERAL FUND REVENUES: Property Tax $ 40,980.29 Sales Tax 39,000.00 Business Licenses 4,000.00 Building Permits 1,000.00 Animal Licenses 775.00 Federal Grants 25,000.00 Federal Revenue Sharing 12,382.00 State Grant: Anti Recession 3,955.40 Low Income Housing 1,500.00 Class "C", Road Fund 8,500.00 State Liquor Control 2,462.06 County Grants 3,500.00 ' Court Fines 1,500.00 Swim Pool 4,000.00 Golf Course 4,500.00 Cemeteries 1,500.00 Miscellaneous 2,900.00 Interest 2,400.00 Rents 475.00 Total Expected Revenue $160,329.75 GENERAL FUND EXPENDITURES LEGISLATIVE: Council 5,000.00 JUDICIAL City Court 3,000.00 ADMINISTRATION: Treasurer 5,000.00 Recorder 12,000.00 Attorney 3,000.00 GENERAL PUBLIC BUILDING 4,500.00 ELECTIONS 500.00 PUBLIC SAFETY: Law Enforcement . . 28,650.00 I Liquor Control 2,462.06 Fire Department 3,500.00 PUBLIC HEALTH Health Services 100.00 STREETS & PUBLIC IMP. Streets & Highways 16,000.00 Class "C" Road 8,500.00 Street Lights (Rev. Sharing) 7,000.00 PARKS, RECREATION & PUBLIC PROP. Parks 1,500.00 Recreation (Anti Recession $3,955.40) 13,817.69 Libraries 3,500.00" Cemeteries 3,000.00 ECONOMIC DEVELOPMENT 500.00 MISCELLANEOUS Non -classifiable 1,000.00 Insurance (Rev. Sharing) 7,500.00 Dues 300.00 Audit 2,000.00 Assessing & Collecting Taxes 1,500.00 House Repairs (Low Income Housing) 1,500.00 CETA Program 25,000.00 TOTAL $160,329.75 WATER UTILITY FUND WATER UTILITY FUND REVENUES: Cash Receipts $ 75,000.00 Beginning Bank Balance 12,000.00 TOTAL $87,000.00 WATER UTILITY FUND EXPENDITURES: Permanent Employees 23,000.00 Employee Benefits 5,000.00 Maintenance and Supplies 8,000.00 Electricity 20,000.00 Transfers to Restricted Accounts .... 13,320.00 Improvements other than buildings .... 7,000.00 76,320.00 Ending bank balance 10,680.00 TOTAL $87,000.00 SEWER UTILITY FUND REVENUES: Cash Receipts $ 17,000.00 Transfers from Sewer Improvement District 1 2,500.00 Beginning Bank Blanace 6,500.00 TOTAL $ 26,000.00 EXPENDITURES: Permanent Employees 10,300.00 Employees Benefits 2,800.00 Maintenance and Supplies 3,000.00 Electricity 2,500.00 Dump Maintenance 3,000.00 TOTAL $ 21,600.00 Ending Bank Balance 4,400.00 $ 26,000.00 ' TELEVISION FUND REVENUES: Television Licenses $ 5,200.00 County Contributions 725.00 Minersville share of power & supplies 350.00 Beginning bank balance 6,000.00 $ 12,275.00 EXPENDITURES: Maintenance and Supplies $ 2,000.00 Electricity 2.300.00 Professional Services 1,620.00 Insurance 74.00 $ 5,994.00 Ending Bank Balance 6,281.00 TOTAL $ 12,275.00 AIRPORT FUND REVENUES: Sale of Gasoline $ 22,500.00 Aviation Users Tax Refund 1,000.00 Interest Income 525.00 Hanger & Tie Down Rent . 1,500.00 County Grant - in- Aid 1,000.00 Beginning Bank Balance (Savings Certificate & Cash) 11,277.47 TOTAL $ 37,802.47 EXPENDITURES: Airport Manager $ 1,600.00 Employee Benefits . 1,000.00 Manager share of profits of gasoline . . 3,000.00 Maintenance & Supplies 500.00 Electricity 2,000.00 Purchase of gasoline 18,000.00 Telephone . 175.00 Insurance . 2,000.00 Aviation Users Tax 1,000.00 Savings Certificate . . 8,527.47 $ 37,802.47 CLASS "C" ROAD FUND REVENUE: Class "C" Road Money . . $ 8,500.00 EXPENDITURES: Transfer to General fund for Road Maintenance $ 8,500.00 CAPITAL PROJECTS FUND REVENUE: Capital Projects Grant $ 60,000.00 Recreational Bonds 60,000.00 $120,000.00 EXPENDITURES: Jogging Course $ 5,000.00 Swimming Pool 5,000.00 Picnic Shelter 5,000.00 Golf Course 105,000.00 TOTAL $120,000.00 SEWER IMPROVEMENT DISTRICT 1 REVENUE: Assessments paid $ 2,000.00 Interest paid 500.00 TOTAL $ 2,500.00 EXPENDITURES: Transfers to sewer fund $ 2,500.00 WATER BOND PAYMENT FUND Transfers from Water Fund $ 12,000.00 Fund balance 12,505.32 TOTAL $ 24,505.32 EXPENDITURES: Bond Payment $ 12,000.00 Fund Balance 12,505.32 TOTAL $24,505.32 WATER BOND RESERVE ACCOUNT REVENUE: Interest $ ' 975.00 Bank Balance 13,079.40 TOTAL $14,054.40 EXPENDITURES: Fund Balance $ 14,054.40 WATER BOARD EMERGENCY REPAIR AND REPLACEMENT RE-PLACEMENT FUND REVENUE: Fund Balance $ 4,302.44 Interest 200.00 $ 4,502.44 EXPENDITURES: ,Fund Balance $ 4,502.44 REVENUE SHARING FUND REVENUES: Revenue Sharing Allocation $ 12,675.50 Revenue Sharing Surplus 1,667.74 $ 14,343.24 EXPENDITURES: Street Lights $ 7,343.24 Insurance 7,000.00 TOTAL $ 14,343.24 This Ordinance shall take effect and be in force on ind after publication. Passed by the City Council of the City of Milford, Utah this 26th day of June, 1979. s R.L. YOUNG MAYOR ATTEST: BETTY LOU BACON RECORDER Published July 12, 1979 in the Beaver County News. |
