Thursday, August 27, 2009

Change In Lawrenceburg Budget Will Require Another Vote

   Lawrenceburg leaders made an amendment to their 2009-2010 budget ordinance during a business meeting Thursday, requiring that it again be publicized and a second public hearing held before it may be brought to the table for a final vote.

   Lawrenceburg City Administrator William McLain explained that the mistake was purely a clerical error in the area of non-governmental donations. The error resulted in a $123,000 deficiency.

   As amended, the budget ordinance calls for a total of $10,794,529 in spending during the year, with revenues projected to total $10,796,053. The budget is based upon the same property tax rate as utilized during the previous budget year; $1.49 per $100 of assessed value.

   Council members approved the document on first reading. The ordinance will be re-advertised, with a public hearing to be held at the Lawrenceburg City Administration Building at 8:30 a.m. on Thursday, September 10, 2009.

   An overview of the proposed budget, as amended, is as follows:

 

General Fund

Estimated Revenues

Property Tax                            $4,702,521

Local Permits & Tax                 $4,409,288

State of Tennessee                    $883,485

Other Revenues                                    $800,759

Total Revenues                                     $10,796,053

 

Estimated Expenditures

Administration                          $893,616

Mayor & Board of Council       $168,596

City Attorney                            $34,523

HR/Safety Budget                                 $5,277

Planning & Development           $126,414

Police                                       $2,811,172

Fire                                                      $1,854,363

Emergency Management                       $688,830

Street                                       $948,456

Parks & Recreation                  $1,209,860

Retirees                                                $364,832

Sanitation Department ---

Stormwater Management ---

Annual Appropriations              $917,224

Debt Service                            $771,365

Total Expenditures                $10,794,529

 

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