| Current Poll |
Are you keeping your New Year's resolutions?
View Results
|
|
Story Archives: City budget tops $2 million, again
- 2013 - 334 articles
- 2012 - 1160 articles
- 2011 - 1177 articles
- 2010 - 810 articles
- 2009 - 779 articles
- 2008 - 949 articles
|
City budget tops $2 million, again
Using a "better safe than sorry" philosophy, the Winnsboro City Council recently approved an annual budget of just over $2 million for the second straight year.
The aldermen approved a general fund budget for fiscal 2010 of $2,358,300 at their most recent council meeting.
The 2008-2009 budget year ends June 30 and is expected to leave a slight surplus of less than 10 percent of the working budget of $2,016,721.
The increase in budget for fiscal 2009-2010 is about three percent, the same as the previous increase a year earlier and will be used for about the same things: an overall employee increase of three percent and allowances for improvements in city infrastructure.
One of the major allowances is $87,000 in capital outlay, including $30,000 for the interior furnishings and finishing of the proposed downtown community center. Renovation work at the center is scheduled to begin this summer but the interior will have to be outfitted with funds from the coming fiscal year.
Last year, the city budget climbed to $2 million for the first time.
The separate Utility Systems Fund will operate on a $1,360,984 total expense budget.
Boosted by sales tax, property tax, license and franchise fees, general fund revenue is expected to climb to over $2 million with a carry over from the past fiscal year adding another $183,451 to the fund's projected income.
Expenses include $319,900 in administrative salaries and $479,000 in administrative expenses; $267,000 in fire department costs, $369,400 in police department costs and $415,00 in street department charges.
Winnsboro Mayor Jack Hammons said he thinks the city, "has found a formula which allows us to plan for expenditures and spend wisely," to achieve near balance in budgets of recent years. |
|
|
E-mail Story
Print Story
