Ordinance 10-2019 – FY20 Budget Amendment – Approved
Ordinance Date unknown · 5 page(s)
Read as text View original PDF ↗
Ordinance 10-2019 approves a Fiscal Year 2020 budget amendment for the Town of Centreville. Exhibit A provides the proposed General Fund operating budget totaling $4,491,588 and the proposed Enterprise Fund operating budget totaling $1,995,588. Key General Fund figures shown include Property Taxes of $2,328,036, Public Safety spending of $1,403,194, a cost transfer to enterprise funds of ($323,081), capital projects of $331,941, debt service of $430,907, and a $19,980 transfer to fund balance. The Enterprise Fund shows usage charges (Sewer $888,643; Water $788,005), allocation fees, a $323,081 cost transfer from the General Fund, capital projects of $33,900, debt service of $781,807, and a net transfer to fund balance of ($430,749).
Show the raw extracted text
Exactly as extracted, unformatted — for checking against the original. The readable version is easier to read.
Exhibit A TOWN OF CENTREVILLE FISCAL YEAR 2020 PROPOSED GENERAL FUND OPERATING BUDGET/With 25% cost allocations REVENUES Property Taxes $ 2,328,036 Local Income Taxes 9 28,866 Intergovernmental Revenue 3 06,476 Licenses and Permits 1 37,500 Charges for Services 4 30,154 Miscellaneous Revenue Other 3 40,556 Investment Earnings 20,000 Subtotal Revenues $ 4,491,588 Transfers In from Permanent Fund - TOTAL REVENUES $ 4,491,588 EXPENSES A10 Legislative $ 3 2,997 A70 Planning & Zoning 74,300 A81 Municipal Buildings 47,700 A92 General Government 9 82,490 B10 Public Safety 1,403,194 B22 Emergency Services 45,000 C11 Roads 9 86,156 C22 Solid Waste 3 01,179 D10 Parks & Rec 64,580 H40 Main Street 37,500 H60 Cemetery 25,115 H90 Watershed 11,630 Cost Transfer to Enterprise Funds (323,081) Net of Redspeed Revenues/Expenses 20,000 Capital Projects 3 31,941 $ 4,040,701 Debt Service A81 Municipal Buildings 45,346 C11 Roads 3 58,499 D10 Park/Marina 27,517 430,907 Transfer to Fund Balance 19,980 TOTAL EXPENSES $ 4,491,588 Exhibit A TOWN OF CENTREVILLE FISCAL YEAR 2020 PROPOSED ENTERPRISE FUND OPERATING BUDGET/With 25% cost allocations REVENUES Usage Charges Sewer $ 888,643 Water 788,005 Vacant Lots 10,000 Allocation Fees Sewer 131,876 Water 77,475 Farm Revenue 59,000 Service Charges Equip & Install 4,590 Late Penalties & Fines 26,000 Investment Earnings 10,000 1,995,588 TOTAL REVENUES $ 1,995,588 EXPENSES Sewer $ 619,241 Water 641,492 Farm 26,815 General Insurance - Cost Transfer from General Fund 323,081 1,610,629 Capital Projects 33,900 33,900.00 Debt Service Sewer $ 433,260 Water 348,548 781,807 Transfer to Fund Balance (430,749) TOTAL EXPENSES $ 1,995,588 Exhibit A TOWN OF CENTREVILLE FISCAL YEAR 2020 PROPOSED GENERAL FUND OPERATING BUDGET/With 25% cost allocations REVENUES Property Taxes $ 2,328,036 Local Income Taxes 9 28,866 Intergovernmental Revenue 3 06,476 Licenses and Permits 1 37,500 Charges for Services 4 30,154 Miscellaneous Revenue Other 3 40,556 Investment Earnings 20,000 Subtotal Revenues $ 4,491,588 Transfers In from Permanent Fund - TOTAL REVENUES $ 4,491,588 EXPENSES A10 Legislative $ 3 2,997 A70 Planning & Zoning 74,300 A81 Municipal Buildings 47,700 A92 General Government 9 82,490 B10 Public Safety 1,403,194 B22 Emergency Services 45,000 C11 Roads 9 86,156 C22 Solid Waste 3 01,179 D10 Parks & Rec 64,580 H40 Main Street 37,500 H60 Cemetery 25,115 H90 Watershed 11,630 Cost Transfer to Enterprise Funds (323,081) Net of Redspeed Revenues/Expenses 20,000 Capital Projects 3 31,941 $ 4,040,701 Debt Service A81 Municipal Buildings 45,346 C11 Roads 3 58,499 D10 Park/Marina 27,517 430,907 Transfer to Fund Balance 19,980 TOTAL EXPENSES $ 4,491,588 Exhibit A TOWN OF CENTREVILLE FISCAL YEAR 2020 PROPOSED ENTERPRISE FUND OPERATING BUDGET/With 25% cost allocations REVENUES Usage Charges Sewer $ 888,643 Water 788,005 Vacant Lots 10,000 Allocation Fees Sewer 131,876 Water 77,475 Farm Revenue 59,000 Service Charges Equip & Install 4,590 Late Penalties & Fines 26,000 Investment Earnings 10,000 1,995,588 TOTAL REVENUES $ 1,995,588 EXPENSES Sewer $ 619,241 Water 641,492 Farm 26,815 General Insurance - Cost Transfer from General Fund 323,081 1,610,629 Capital Projects 33,900 33,900.00 Debt Service Sewer $ 433,260 Water 348,548 781,807 Transfer to Fund Balance (430,749) TOTAL EXPENSES $ 1,995,588