CITY OF PEWEE VALLEY

ORDINANCE NO. 6,  SERIES 2007

 

AN ORDINANCE  ESTABLISHING THE BUDGET

FOR THE CITY OF PEWEE VALLEY FOR THE FISCAL

YEAR  BEGINNING JULY 1, 2006 AND ENDING JUNE 30, 2007

 

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, 2006 and ending June 30, 2007 shall be amended as follows:

                                                           

City of Pewee Valley

Fiscal Year 2007 Budget

 

                                    Municipal                               General                       Agency

                                    Road Aid                                Fund                            Fund

 

Revenue

 

Property Tax                                                                $234,500

Insur. Premium Tax                                                       $145,000

Franchise Fees                                                             $8,500

Court Rev./Misc.                                                          $18,000

Interest Income $500                                        $10,000                                  

Municipal Road Aid      $50,000

KLC Loan Reimbursement                                                                                           $125,000

Unrestricted Fund Bal. from prior year              $570,500

 

TOTAL REVENUE   $50,500                                   $986,500                     $125,000

 

Expenditures

 

Administrative                                                   $60,000

Communications                                                           $12,000

Contingency                                                                 $17,000

Environment Improvements                                                       $56,000

Festivities                                                                     $10,000

Insurance                                                                      $15,000

Road and Drainage       $50,500                                   $70,000 105,000         $125,000

Town hall                                                                     $15,000

Waste Mgt.                                                                  $61,000

Police                                                                           $65,000

Sidewalks                                                                     $35,000  0.00

Streets/Lights/Signs                                                       $15,000

KLC Loan Repayment                                     $43,200

KLC Capital Lease Project                                                                              $125,000

Reserves                                                                      $512,300

 

TOTAL

EXPENDITURES      $50,500                                   $986,500                     $125,000

 

 

 

 

Section  2:

 

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

 

 

                                                First Reading                May 7, 2007

 

                                                Second Reading           May 11, 2007

 

                                                Passed and Approved  May 11, 2007

 

                                                                                               

                                                                                                ____________________________

                                                                                                Bob Rogers, Mayor

ATTEST:                                                                                 (Signature on File)

 

___________________________                                         

Robin S. O’Bryan, Clerk

Signature on File

 

                                                                                                Votes in Favor:  4

                                                                                                                                                                                                                                                            Votes Opposed:  0