Tuesday, August 20, 2013
Ethridge Leaders Approve 2013-14 Budget
Members of the governing body of the City of Ethridge gave final approval Monday to a spending plan under which the city will operate throughout the 2013-2014 fiscal year.
Members of the Ethridge Board of Commissioners met in regular session Monday afternoon. They held a public hearing, followed by a final reading of the budget ordinance.
An overview of the budget is as follows:
Anticipated revenues
General Fund
Local taxes $178,000
Intergovernmental revenue $89,777
License and permits $300
Fines and forfeitures $25,100
Sewer services $44,532
Miscellaneous revenue $116
Total revenue $337,825
Fund balance $178,473
Other sources $25,000
Total available funds $541,298
State Street Aid Fund
Intergovernmental revenue $12,048
Total revenue $12,048
Fund balance $46,701
Total available funds $58,749
Sanitation Fund
Usage fees $8,000
Total revenue $8,000
Fund balance $13,765
Total available funds $21,765
Drug Fund
Drug fines and costs $0
Fund balance $570
Total available funds $570
Total all funds $622,382
Anticipated appropriations
General Fund
General government $255,429
Recreation $1,000
Streets $85,000
Police $62,320
Animal control $1,500
Total appropriations $405,250
State Street Aid Fund
Streets $51,241
Total appropriations $51,241
Sanitation Fund
Sanitation $8,820
Total appropriations $8,820
Drug Fund
Program costs $570
Total appropriations $570
Total all funds $465,881