Caneyville approves 2015-16 budget


The City of Caneyville, this week, approved its budget for the upcoming 2015-2016 Fiscal Year.

During the regularly scheduled, Monday, June 8 Caneyville City Commission meeting, City Treasurer Brenda Brown provided the second readings of both the proposed Fiscal Year 2015-2016 budget and the amended Fiscal Year 2014-2015 budget.

The budget figures for the City of Caneyville’s next fiscal year, beginning July 1, 2015 and ending June 30, 2016, are as follows:

General Fund Revenues

Funds Carried Forward: $170,406.99

General Fund Revenue: $370,520.00

Fire Department Revenue: $25,400.00

Fire Department State Aid: $8,250.00

Municipal Road Aid: $14,000.00

Recreational Trail Grant: $1,500.00

The aforementioned amounts combine for Total Funds Available of $590,076.99.

General Fund Expenditures

Administration: $300,000.00

Police Department: $77,300.00

Fire Department: $51,000.00

Fire Department State Aid: $8,250.00

Park Department: $9,000.00

Recreational Trail: $3,000.00

Street Expense: $14,000.00

The aforementioned amounts combine for Total Expenditures of $462,550.00.

Water and Sewer Revenue

Funds Carried Forward: $272,519.71

Total Water Revenue: $337,000.00

Total Sewer Revenue: $77,600.00

The three aforementioned amounts combine for Total Funds Available of $687,119.71.

Water and Sewer Expenditures

Water System: $321,000.00

Sewer System: $60,700.00

Water Bond/Int. Payments: $38,995.00

Sewer Bond/Int. Payments: $14,100.00

Depreciation Acct. – Water: $5,670.00

Depreciation Acct. – Sewer: $930.00

The aforementioned amounts combine for Total Expenditures of $441,395.00.

Following the reading, the City Commission passed a motion to approve, adopt, and place into effect the Fiscal Year 2015-2016 City of Caneyville budget ordinance.

The amended budget figures for the City of Caneyville’s 2014-2015 fiscal year are as follows:

General Fund Revenues

The total funds available were amended from $605,937.84 to $646,005.10.

General Fund Expenditures

The total expenditures were amended from $522,950.00 to $498,483.72.

Water and Sewer Revenue

The total funds available were amended from $680,752.20 to $664,254.24.

Water and Sewer Expenditures

The total expenditures were amended from $429,575.00 to $421,665.00.

Following the reading, the City Commission passed a motion to approve Caneyville’s amended Fiscal Year 2014-2015 budget.

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