BUDGET HOUSEKEEPING 9-15-10 LMS
A public hearing concerning amending the current city budget was conducted during the September 15 City Council meeting.
City Finance Director Amy Fealko explained that at the end of each fiscal year the budget is modified to reflect the actual unexpected additional monies that have come in during the budget year, balanced by the unanticipated expenditures.
Referring to the October 1, 2009 to October 1, 2010 fiscal year budget she said, “Amended expenses were for administration and $74,500 out of Contingency for the street sweeper which will be repaid over the next two years by the Streets and Alleys Department, back to the General Fund.”
Changes occurred in the budget when the Local Option Tax was passed and the council agreed to upgrade the City Recreation Director position from just over part time to full time. The change added an additional $10,000 to salaries listed under Community Development.
Fealko said that when property held by the golf course was sold, $23,500 was given to the Golf Course Association to reimburse payments it had made. Additional expenditures totaling $120,000 went towards swimming pool renovations and for the pool director’s salary. Those combined expenses for the General Fund were $228,000.
Fealko went on to say, “As of the end of last year we were hoping to wrap up the HUD project out at the Sacajawea Center but that is now going to be wrapped up by the end of this month. So, an additional $250,000 of revenue came in from HUD grant monies and as well as $250,000 of expenses went out.”
The actual 2009-2010 budget expenditures came to $478,000 and were balanced exactly with the $478,000 total of revenues received.
The list of figures explained by Fealko were published in the newspaper prior to the hearing date. No comments were received during the public hearing on amending Annual Appropriation Ordinance 09-740 which was the anticipated city budget for 2009-2010. Later in the evening the council officially and unanimously adopted Ordinance 10-768 which amended Ordinance 09-740 to show the revenues actually received.
The roll call vote was unanimous. The second and third readings were waived.
State code demands a city budget not be exceeded and figures in the amended ordinance show that the city of Salmon budget was not.
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