21 Aug
City of Bancroft Proposed FY2009 Budget
Bancroft City
Proposed Budget
Fiscal Year 2008 - 2009
| FY 2007 - 2008 | FY 2007-2008 | FY 2008-2009 | |
| Actuals | Current | Proposed | |
| as of July 2008 | Budget | Budget | |
| Estimated General Revenue | |||
| Property Taxes | 95,417.66 | 93,594.00 | 99,236.40 |
| Sales Tax | 13,280.00 | 19,000.00 | 19,500.00 |
| Liquor | 7,096.00 | 7,000.00 | 7,500.00 |
| Ag Exemption | 1,108.00 | 4,432.00 | 4,432.00 |
| Licenses, Permits & Other | 526.50 | 965.00 | 965.00 |
| Other Revenue | 26,554.46 | 27,190.00 | 27,150.00 |
| Miscellaneous Revenue | 920.00 | 1,000.00 | 1,000.00 |
| Accumulated Surplus | 0.00 | 0.00 | 0.00 |
| W & S Loan Payment | |||
| W & S Loan Reserve | |||
| Streets & Roads | 26,392.94 | 72,410.88 | 37,000.00 |
| Grants | 100,000.00 | ||
| Total Estimated General Revenue | 271,295.56 | 225,591.88 | 196,783.40 |
| Estimated General Expenses | |||
| Wages & Salaries | 52,047.76 | 65,435.00 | 61,200.00 |
| Employee Benefits/taxes | 13,345.11 | 16,700.00 | 17,400.00 |
| Utilities | 11,233.77 | 13,600.00 | 14,250.00 |
| Office Supplies | 928.61 | 1,050.00 | 2,550.00 |
| Animal Control | 313.37 | 500.00 | 500.00 |
| Other Expenses | 6,296.46 | 17,500.00 | 26,049.47 |
| Professional Fees | 11,000.00 | 24,971.00 | 25,411.00 |
| Emergency Services | 4,187.71 | 6,000.00 | 6,000.00 |
| Miscellaneous Expenses | 4,988.53 | 7,425.00 | 6,422.93 |
| S&R General Expense | 35,500.15 | 72,410.88 | 37,000.00 |
| Total Estimated General Expenses | 140,441.47 | 225,591.88 | 196,783.4O |
| Estimated W & S Revenue | |||
| Water, Sewer, Garbage | 83,295.71 | 118,584.00 | 120,267.60 |
| Other Revenue | 832.00 | 1,286.00 | 1,132.00 |
| Grant for New Water System | 256,117.00 | 1,747,807.91 | 0.00 |
| Total Estimated W&S Revenue | 340,244.71 | 1,867,677.91 | 121,399.60 |
| Estimated W & S Expenses | |||
| Wages & Salaries | 17,343.00 | 22,421.00 | 20,900.00 |
| Employee Benefits | 4,200.00 | 3,700.00 | 4,400.00 |
| Utilites | 8,684.45 | 13,000.00 | 13,000.00 |
| Miscellaneous Expense | 13,392.00 | 8,250.00 | 8,250.00 |
| General Expense | 74,090.02 | 72,499.00 | 74,789.60 |
| Contractual Expenses | |||
| New Water System | 256,117.00 | 1,747,807.91 | 0.00 |
| Total Estimated W&S Expenses | 373,826.47 | 1,867,677.91 | 121,339.60 |
Citizens are invited to attend the budget hearing held at Bancroft City Hall, Monday, August 24th, 2008
A copy of the proposed City Budget is available at City Hall for inspection during regular office hours, 8 am to noon, Monday thru Thursday.
Anyone needing assistance to the Budget Hearing please contact City Hall 648-7648
Published Aug. 14 and 21, 2008 in The Caribou County Sun.
Published 21 August 2008 in the Caribou County Sun
