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HomeMy WebLinkAbout2017-12RESOLUTION 2017-12 Adopting a Budget Establishing Appropriations for the Town of Pulaski, Virginia for the Fiscal Year Beginning July 1, 2017 and Ending June 30, 2018 WHEREAS, the Town Manager has presented to Pulaski Town Council a proposed budget for Fiscal Year 2017-2018; and, WHEREAS, a summary of the proposed budget for Fiscal Year 2017-2018 was published for informative and fiscal planning purposes, as well as to give notice of a public hearing subsequently held June 13, 2017; and, WHEREAS, Pulaski Town Council has conducted a duly noticed public hearing in which public comments were considered; NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town of Pulaski, Virginia sitting in regular session this 20th day of June 2017 that the amended proposed budget, as summarized by category in Attachment A, titled Town of Pulaski Adopted Annual Budget FY 2017-2018, attached hereto and expressly made part of this resolution, is hereby adopted. This resolution is effective upon adoption and is hereby adopted this 20th day of June 2017 by the duly recorded vote of the Town Council of the Town of Pulaski, Virginia, as follows: James A. Radcliffe -Aye Joseph K. Goodman - Absent Gregory C. East - Aye H.M. Kidd - Aye David L. Clark - Aye Lane R. Penn - Aye THE TOWN OF PULASKI, VIRGINIA rt N. G ATTEST: Patricia Cruise, Clerk of Council Attachment A Town of Pulaski Adopted Annual Budget FY 2017-2018 General Fund Adopted Budget FY 2017-2018 General Fund Revenues Property Taxes $ 2,589,792.00 Local Taxes 3,101,200.00 Permits 20,000.00 Fines and Forfeitures 41,500.00 Recreational Charges 87,700.00 State Non -Categorical Aid 11,000.00 State Categorical Aid 2,370,240.00 Federal Aid 125,000.00 Misc. Revenue 159,557.20 Rental of Property 41,576.24 Transfer from Other Funds 536,110.00 Recovered Costs 235,363.00 Other Financing Sources 24,000.00 Total General Fund Revenues $ 9,343,038.44 General Fund Expenditures Town Council $ 51,430.00 Clerk of Council 62,767.00 Mayor's Office 8,259.00 Town Manager's Office 359,626.44 Economic Development 88,415.80 Finance 511,207.20 Administrative Services 398,783.00 General Engineering 242,967.60 Contributions 522,759.10 Information Technology Department 215,435.20 Police Department 2,219,347.80 Fire Department 781,567.00 Building Inspection 166,935.32 Highways Streets Bridges -Ineligible 234,313.92 Highways Streets Bridges -Eligible 1,473,996.30 Refuse Disposal 3,50000 General Property Maintenance 237,592.23 Cemeteries 25,044.00 Parks and Facilities 211,973.69 Gatewood Park 221,235.40 Senior Center 83,204.20 Motor Vehicle Maintenance 114,521.60 Debt Service 716,984.63 Transfers 7,500.00 Capital Outlay 128,794.00 Train Station 9,950.00 Ratcliffe Museum 62,768.00 Town Wide Projects 82,160.00 Total EPA Brownfields $ 100,000.00 Total General Fund Expenditures $ 9,343,038.44 Water Fund Adopted Budget FY 2017-2018 Water Fund Revenues State Non -Categorical Aid $ 0.00 Miscellaneous Revenue 1000.00 Transfers from Other Depts. 7,500.00 Transfers from Other Sources 0.00 Utility Collections 1,873,193.40 Total Debt Proceeds 190,000.00 Total Water Fund Revenues $ 2,071,693.40 Water Fund Expenditures Debt Service $ 270,824.00 Transfers 190, 000.00 Capital Outlay 302,450.00 Water Trans. & Distribution 439,651.00 Water Filtration & Purification -Filter Plant 868,768.40 Miscellaneous Expenses 0.00 Other Financing 0.00 Total Water Fund Expenditures $ 2,071,693.40 Sewer Fund Adopted Budget FY 2017-2018 Sewer Fund Revenue Miscellaneous Revenue $ 9,000.00 Recovered Costs 106,456.00 Utility Collections 3,308,151.87 Other Financing 0.00 Total Sewer Fund Revenues $ 3,423,607.87 Sewer Fund Expenditures Debt Service $ 688,572.03 Transfers 221,110.00 Capital Outlay 85.000 00 Sewer Collection 228,514.80 Pepper's Ferry RWT Authority 1,932,590.00 Other Financing 267,821.04 Total Sewer Fund Expenditures $ 3,423,607.87 Capital Improvements Adopted Budget FY 2017-2018 Capital Outlay Expenditures Water System at Gatewood $ 30,000.00 Senior Center Renovation 10,000.00 Police Department Vehicle Replacement Project 88,794.00 Water Line Pipe Storage Building 15,000 00 Water Line Repair and Projects 40,000.00 Water Tank Paint and Repair 190,000.00 Fire Hydrants 18,000.00 Water Valve -Valve Exercising Equipment 4,750.00 Gatewood Dam Rehabilitation Reserve 25,000.00 Replace Two Hardwired Telemetry Systems with Radio 14,700.00 Raw Water Rehabilitation Reserve 10,000.00 Sewer Repair 20,000.00 Pump Station 4A -4B Reserve Fund 20,000.00 Sewer Force Main Reserve Fund 20,000.00 Manhole Rehabilitation/Replacement Reserve 10,000.00 Total Capital Outlay Expenditures $ 516,244.00