CITY OF PEWEE VALLEY

ORDINANCE NO 5, SERIES 2007

 

AN ORDINANCE  ESTABLISHING THE BUDGET

FOR THE CITY OF PEWEE VALLEY FOR THE FISCAL

YEAR  BEGINNING JULY 1, 2007 AND ENDING JUNE 30, 2008

 

BE IT ORDAINED BY THE CITY OF PEWEE VALLEY,

Section  1:

 

            The budget for the City of Pewee Valley for the fiscal year starting July 1, 2007 and ending June 30, 2008 shall be as follows:

                                                           

City of Pewee Valley

Fiscal Year 2008 Budget

 

                                                            Municipal                               General                      

                                                            Road Aid                                Fund                           

 

Revenue

 

Bank Tax                                                                                             $8,500

Franchise Fees                                                                                     $8,500

Grants                                                                                                  $12,000

Insur. Premium Tax                                                                               $150,000

Interest Income                                                                         $12,500

Interest Income/Road Fund                   $500

KLC Road Reimbursement                  

Misc. Income                                                                                       $200

Municipal Road Aid                              $25,000

Newsletter ads                                                                                     $3,500

Property Taxes                                                                         $235,650

 

TOTAL REVENUE                           $25,500                                   $430,850        

 

Expenditures

 

Administrative                                                                           $55,000

Communications                                                                                   $10,000

Contingency                                                                                         $8,500

Environment Improv.                                                                            $50,000

Festivities                                                                                             $9,650

Insurance                                                                                              $15,000

KLC Loan Repayment                                                             $43,200

Police                                                                                                   $62,500

Public Safety                                                                                        $12,000

Road and Drainage                               $25,500                                   $67,000

Sidewalks                                                                                             $20,000

Town hall                                                                                             $10,000

Garbage                                                                                               $68,000

 

TOTAL

EXPENDITURES                              $25,500                                   $430,850

 

 

 

 

Section  2:

 

            This ordinance shall be effective upon its passage and upon publication.

 

 

                                                First Reading:                           May 7, 2007

 

                                                Second Reading:                       June 4, 2007

 

                                                Passed and Approved:              June 4, 2007

 

                                                                                               

                                                                                               

                                                                                                Bob Rogers, Mayor

ATTEST:                                                                                 (Signature on File)

 

                                               

Robin O’Bryan, City Clerk

(Signature on File)

 

                                                                                                Votes in Favor:  5

                                                                                                                                                                                                                                                            Votes Opposed:  0