Description of Budget Cycle

Size: px
Start display at page:

Download "Description of Budget Cycle"

Transcription

1 Description of Budget Cycle The budget process in the City of Yonkers begins in December each year when budget preparation packages are sent to departments by the Office of Management and Budget. The departments and related entities (i.e., Yonkers Public Library, Hudson River Museum) return to OMB their operating budget forms with estimates of revenue and expenditures for the ensuing fiscal year. Departments also provide four-year estimates for their capital projects. The capital budget requests are reviewed by the Capital Improvement Program Committee for their recommendation to the Mayor. Operating budget estimates are reviewed and analyzed by OMB staff, and budget meetings are held with each City department or agency. The proposed operating budget of the City is then prepared by the Mayor for submission to the City Council. The Mayor is required by the City Charter to submit the City Budget by April 15. The Mayor s budget includes estimates of expenditures for each department of the City as well as estimates of revenues from all sources, including ad valorem real property taxes. The Board of Education submits to the Mayor an estimate of its anticipated expenditures, and the Mayor is responsible for recommending to the City Council the amount to be appropriated for educational purposes. Adoption of the operating budget by the City Council follows a public hearing and is required to occur by June 1 unless the State Budget is adopted late. In that case, the City has thirty days to adopt the budget after the adoption of a State Budget. The Mayor has the power to veto the budget approved by the City Council, and the Council can override the Mayor's veto with a 2/3 majority vote. The City Council also adopts the Capital Budget and also adopts bond ordinances for specific capital projects at that time to finance the projects. Upon the adoption of the budget, the tax rate and levy are determined for the ensuing year. Under the Special Local Finance and Budget Act of the City of Yonkers, constituting Chapter 488 and 489 of the Laws of 1976 for New York State, the Budget must be approved by the New York State Comptroller and cannot thereafter be amended. The City Council and the Mayor may, during the course of the year, revise appropriations and make fund transfers with respect to general operations. In addition, all councilmanic transfers must be approved by the New York Office of the State Comptroller. B-1

2 The City of Yonkers Budget Preparation Timeline Fiscal Year 2017 December 2015 January 2016 December 18, 2015 Finance Department kicks off budget process via a memo to department heads with budget preparation instructions February 2016 January 22, 2016 Departments submit budget requests to OMB for review February March 2016 OMB Departmental Budget Meetings March 2016 April 2016 March April 2016 Formulation of Budget April 15, 2016 Mayor submits Budget to City Council May 2016 June 2016 April May 2016 City Council Budget Committee Public Hearings and City Council Public Hearings on Budget June 2016 Budget July 2016 July 2016 July 2016 Budget Certification by NYS Comptroller s Office July 2016 Budget Implemented B-2

3 Revenue and Expenditure Summary FY 2015 Actual Current Projection Revenues Property Taxes $ 335,479,678 $ 341,072,515 $ 341,072,515 $ 341,072,515 $ 345,287,504 Special Taxes 144,651, ,726, ,726, ,581, ,211,269 State and Federal Funding 109,974, ,808, ,808, ,576, ,841,179 City Departments 35,593,438 34,359,086 34,353,066 37,176,940 39,112,850 Other Revenues 76,273,670 40,934,127 40,934,127 45,012,691 41,795,193 Appropriated Fund Balance - 37,494,895 37,494,895 37,494,895 37,950,372 Reserve for Encumbrances - - 1,725,662 1,725,662 - Total Revenues - Subtotal $ 701,973,072 $ 721,395,604 $ 723,115,246 $ 737,640,744 $ 754,198,367 Library Fund 157, , , , ,901 Water Fund 33,315,194 40,313,246 40,382,497 39,251,775 40,869,352 Sewer Fund 6,055,219 7,153,282 7,159,106 7,122,781 7,041,489 Board of Education 337,881, ,690, ,906, ,030, ,927,621 Total Revenues - All Funds $ 1,079,382,412 $ 1,070,298,362 $ 1,074,308,778 $ 1,083,791,449 $ 1,115,013,730 Expenditures City Departments $ 271,927,941 $ 293,057,770 $ 294,617,021 $ 293,102,021 $ 307,030,080 Fringe Benefits 130,030, ,034, ,038, ,988, ,277,726 Special Items 45,598,935 34,527,069 34,758,552 36,455,462 39,294,677 Board of Education 500,454, ,314, ,530, ,643, ,312,202 Subtotal $ 948,012,039 $ 992,934,425 $ 996,944,841 $ 990,190,235 $ 1,029,914,685 Debt Service 79,171,135 77,363,937 77,363,937 75,003,004 85,099,045 Total Expenditures $ 1,027,183,174 $ 1,070,298,362 $ 1,074,308,778 $ 1,065,193,239 $ 1,115,013,730 Revenues vs. Expenditures $ 52,199,238 $ - $ - $ 18,598,210 $ - B-3

4 Description of Major Revenue Sources A. Municipally-Generated Revenues The primary municipally-generated revenues include, in order of magnitude, Real Property Tax, Sales and Use Tax, Income Tax Surcharge and Real Property Transfer Tax. Real Property Tax: The City is responsible for levying taxes for City and Board of Education purposes. The City's property tax levying powers, other than for debt service and certain other purposes, are limited by the State Constitution to two percent of the five-year average full valuation of taxable real property of the City. The State Board of Equalization and Assessment annually establishes State Special Equalization Rates for the City, based on statistical sampling of market sales/assessment studies. The Special Ratio is applied to the Assessed Valuation as determined by the City Assessor to yield the Full Valuation. The last City-wide reassessment of all properties was undertaken in However, the Assessment Department regularly inspects properties to ensure that new construction or demolitions are properly on the City s assessment roll reflected. Property taxes become payable upon levy of such taxes by the City Council. Taxes are payable in three equal installments, usually in July, October and January. Penalties are assessed for delinquencies at a rate of 15% per annum. The City succeeds each year in collecting approximately 96% of taxes levied in a given fiscal year. The General Fund accounts for the full receipt of the tax levy, including the portion of the levy raised for the Board of Education and that portion of the levy deposited in the Debt Service Fund for the payment of capital debt service. The total assessed valuation roll for general City tax and School Tax partially exempts certain properties owned and occupied by veterans. All provisions for uncollected taxes are charged against the general City budget. The Board of Education receives its tax levy for operations in full from the City. Sales Tax: Currently an 8.875% sales and use tax is imposed on all retail sales in the City. Revenues from that tax are apportioned 4.0% to the State, 2.5% to the City, 0.5% to the Yonkers School District (subject to approval of the Yonkers City Council), 1.5% to the County and 0.375% to the Metropolitan Transportation Authority. The 2.5% City sales tax includes the 1.0% City Special Sales Tax enacted pursuant to Chapter 871 of the Laws of 1975, and the City's right to impose the additional tax may not be preempted by any other governmental body. The 0.5% School District sales tax was enacted pursuant to Bill S05993A of The proceeds of the Special Sales Tax are deposited directly into the Debt Service Fund by or on behalf of the State Comptroller for the purposes of paying principal of and interest on outstanding City indebtedness. B-4

5 Income Tax Surcharge: Chapter 345 of the Laws of 1984, which became effective on July 3, 1984, authorized the City to enact a local law imposing an income tax surcharge on residents of the City at a rate not to exceed 19.25% of the net State tax, and permitted the City to impose a City tax on the gross earnings of non-residents employed in the City at a rate not to exceed onehalf of one percent (collectively, the "Income Tax Surcharge"). As of January 1, 2014, the resident City tax rate is 16.75% of the net State tax and the non-resident tax is one half of one percent. The law provided that such Income Tax Surcharge could be imposed for the period January 1, 1984 through December 31, 2011, and would be administered, collected and distributed by the State Tax Commission. Pursuant to the authority granted by the State statute, the City enacted a local law imposing the Income Tax Surcharge. The NYS Governor and the State Legislature extended the authorization to December 31, Real Property Transfer Tax: The City currently receives 1.5% of the gross sale amount from the seller upon the transfer of real property, and the FY17 Budget proposes to increase the tax to 3.0% of the gross sale amount with a 0.25% rate reduction each subsequent Fiscal Year until such time as rate is 1.5% in FY23. For cooperative apartments, the tax is imposed only when a building converts to co-op use, not when individual units are offered for sale. B. Intergovernmental Revenues The principal sources of economic funding furnished by the State to the City are State funding to education, per capita revenue sharing, municipal overburden and State local assistance funding. Additionally, there are several lesser funding, grant and shared revenue programs, including the mortgage tax (collected for the City and the State by the County at the rate of $.50 per $100 of mortgages), traffic violation fines (collected for the City by the State), and State youth program funds (received on a matching basis for both recreational and delinquency prevention programs). The City also enacted in the 1994 fiscal year budget a City mortgage tax at the rate of $.50 per $100 of mortgages. The County of Westchester collects the tax for the City. The NYS Governor and the State Legislature extended the authorization to August 31, State Funding to Education: Basic formula funding is based upon enrollment, attendance and approved expenses. The amount of other funding distributed to the Board of Education is fixed in the authorizing State legislation. In addition, the City receives funding for such earmarked purposes as educationally disadvantaged pupils, occupational education and handicapped pupils. Aid and Incentives for Municipalities (AIM): This funding is an annual appropriation from the State that the City may use for any municipal purpose without restriction. B-5

6 Revenue Summary FY 2015 Actual Current Projection Property Taxes $ 335,479,678 $ 341,072,515 $ 341,072,515 $ 341,072,515 $ 345,287,504 Special Taxes Sale and Use Tax $ 72,828,807 $ 75,680,637 $ 75,680,637 $ 72,004,660 $ 74,164,799 Sale and Use Tax - Education 11,352,096 11,352,096 11,352,096 14,832,960 Raceway Admissions 28,013 32,000 32,000 32,000 30,000 Utilities Gross Receipts 7,416,656 7,528,894 7,528,894 7,528,894 7,528,894 Supplemental Real Estate Tax 475, , ,000 2,200, ,000 Real Estate Transfer Tax 9,895,128 8,712,006 8,712,006 9,783,308 19,566,616 O.T.B. Surcharge 152, , , , ,000 Multiple Unit Dwelling Tax 144, , , , ,900 E.T.P.A. Adm. Charge 210, , , , ,600 City & State Mortgage Tax 5,850,296 5,737,901 5,737,901 8,900,000 8,900,000 Hotel Room & Occupancy Tax , ,000 Income Tax Surcharge 47,650,160 48,572,768 48,572,768 52,500,000 54,337,500 Total - Special Taxes $ 144,651,811 $ 158,726,802 $ 158,726,802 $ 165,581,458 $ 181,211,269 State & Federal Funding AIM Funding $ 108,215,479 $ 108,215,479 $ 108,215,479 $ 108,215,479 $ 108,215,479 SAFER COPS 645, Veterans Services 12,793 12,700 12,700 12,700 12,700 Court Facilities 420, , , , ,000 County of West. - CMHB 173, , , , ,000 FEMA Reimbursement State 1, ,228 - FEMA Reimbursement Federal 505, ,176 - Total - State and Federal Funding $ 109,974,476 $ 108,808,179 $ 108,808,179 $ 109,576,583 $ 108,841,179 City Departments $ 674,820 $ 143,000 $ 143,000 $ 320,000 $ 250,000 City Clerk 230, , , , ,000 Corporation Counsel 25,522 1,550 1,550 30,000 1,550 Finance and Mgt. Services 88,984 87,950 87,950 87,950 87,950 Parking Violations Bureau 17,142,461 17,300,000 17,300,000 18,825,000 19,300,000 Consumer Protection 1,077, , , , ,350 Civil Service 29, , , ,000 36,750 Planning and Development 78,409 68,000 68,000 68,000 68,000 Police 3,768,525 2,752,680 2,752,680 3,618,300 3,618,300 Fire 3,560,959 3,538,000 3,538,000 3,560,000 3,621,250 Public Works 529, , , ,200 2,043,200 Engineering 511, , , , ,000 Parks 2,466,782 2,886,719 2,880,699 2,700,819 2,852,500 Housing and Buildings 4,455,259 4,315,321 4,315,321 4,715,321 4,700,000 Courts Fines 952, , , , ,000 Total - City Departments $ 35,593,438 $ 34,359,086 $ 34,353,066 $ 37,176,940 $ 39,112,850 Other Revenues Prior Year Tax Payments $ 16,198,154 $ 9,139,364 $ 9,139,364 $ 9,139,364 $ 11,648,517 Interest on Investment 93, , , ,250 40,500 Interest on Taxes 4,494,675 4,302,303 4,302,303 4,302,303 4,410,000 Cable Television Fees 4,347,760 4,606,115 4,606,115 4,606,115 4,606,115 Rent on City Property 454, , , , ,000 Maintenance of State/Co. Roads 476, , , , ,485 Payments in Lieu of Taxes 19,448,658 18,600,870 18,600,870 18,879,434 15,602,900 Yonkers Raceway Impact Fees 2,500,000 1,000,000 1,000,000 1,000,000 1,000,000 B-6

7 Revenue Summary FY 2015 Actual Current Projection County Prisoner Processing 365, , , , ,801 Sale of Property 7,838, , ,000 4,100, ,000 Miscellaneous 4,530,605 1,012,000 1,012,000 1,012,000 1,012,000 QSCB Interest 565, , , , ,557 Proceeds from Obligations 14,924, Interest for Debt Service 35, Appropriated Fund Balance (Debt Svc) - 1,338,318 Subtotal $ 76,273,670 $ 40,934,127 $ 40,934,127 $ 45,012,691 $ 41,795,193 Appropriated Fund Balance (General) - 37,494,895 37,494,895 37,494,895 37,950,372 Reserve for Encumbrances (General) - - 1,725,662 1,725,662 - Total - Other Revenues $ 76,273,670 $ 78,429,022 $ 80,154,684 $ 84,233,248 $ 79,745,565 Library Fund Rental of Real Property $ 11,410 $ 11,160 $ 11,160 $ 11,160 $ 11,160 Fees and Fines 64,978 65,300 65,300 65,300 65,300 Miscellaneous Library 11,832 41,050 41,050 41,050 41,050 State Funding 69,661 47,560 47,560 47,560 47,560 Subtotal $ 157,881 $ 165,070 $ 165,070 $ 165,070 $ 165,070 Appropriated Fund Balance (Library) - 580, , , ,831 Reserve for Encumbrances (Library) Total - Library Fund $ 157,881 $ 745,400 $ 745,400 $ 745,400 $ 976,901 Water Fund Water Frontage Tax $ 4,095,918 $ 4,095,295 $ 4,095,295 $ 4,095,295 $ 4,095,295 Metered Water Sales 28,461,432 32,102,746 32,102,746 30,842,564 35,776,557 Sundries and Interest 757, , , , ,500 Subtotal $ 33,315,194 $ 37,052,581 $ 37,052,581 $ 35,921,859 $ 40,869,352 Appropriated Fund Balance (Water) - 3,260,665 3,260,665 3,260,665 - Reserve for Encumbrances (Water) ,251 69,251 - Total - Water Fund $ 33,315,194 $ 40,313,246 $ 40,382,497 $ 39,251,775 $ 40,869,352 Sewer Fund Sewer Rents $ 5,912,175 $ 7,384,397 $ 7,384,397 $ 7,348,072 $ 7,848,783 Other 143, , , , ,000 Subtotal $ 6,055,219 $ 7,562,397 $ 7,562,397 $ 7,526,072 $ 8,040,783 Appropriated Fund Balance (Sewer) - (409,115) (409,115) (409,115) (999,294) Reserve for Encumbrances (Sewer) - - 5,824 5,824 - Total - Sewer Fund $ 6,055,219 $ 7,153,282 $ 7,159,106 $ 7,122,781 $ 7,041,489 B-7

8 Revenue Summary FY 2015 Actual Current Projection Board of Education State Funding - Basic $ 238,522,402 $ 256,901,962 $ 256,901,962 $ 251,575,006 $ 272,468,377 State Additional Chapter 1 Accrual State Funding - Categorical 5,435,255 5,434,755 5,434,755 5,434,755 5,434,755 State Funding for VLTs 19,600,000 19,600,000 19,600,000 19,600,000 19,600,000 State Funding - Additional Aid 28,000,000 16,000,000 16,000,000 16,000,000 11,000,000 State Funding - Prior Year Adj 1,425,226 Deficit Financing 42,047,191 - Federal Aid 560, , , , ,600 Department 426, , , , ,310 Interfund Rev./Indirect Cost 834, , , , ,105 Misc. Departmental /Fines 2,454,915 1,180,813 1,180,813 1,101,808 1,081,382 Saunders Trust Fund Interest for Debt Service Appropriated Fund Balance (Debt Svc) 720,092 Subtotal $ 337,881,046 $ 300,690,830 $ 300,690,830 $ 296,815,050 $ 311,927,621 Appropriated Fund Balance (Education) Reserve for Encumbrances (Education) - - 2,215,699 2,215,699 - Total - Board of Education $ 337,881,046 $ 300,690,830 $ 302,906,529 $ 299,030,749 $ 311,927,621 Total Revenues $ 1,079,382,412 $ 1,070,298,362 $ 1,074,308,778 $ 1,083,791,449 $ 1,115,013,730 B-8

9 Description of Major Expenditures Departmental Expenses The city departmental budget is composed of the administrative and operating departments of the City of Yonkers. Appropriations that are budgeted in the City departmental expenditures are personal service, equipment, material and supplies, and contractual services. Board of Education Operating Expenses The City, by State law, is required to appropriate funds for the Yonkers Public School System. Fringe Benefits Employee Retirement System (ERS) and Police and Fire Retirement System (PFRS) Expenses: The City makes annual payments to the New York Retirement System, which in turn is responsible for making pension payments to eligible retirees. The system is overseen by the New York State Comptroller. Social Security: The City is required to contribute to the Social Security Trust Fund 7.65% of the first $118,500 and l.45% thereafter from salaries. Hospital and Medical Insurance: The City provides hospitalization and medical benefits through various programs. Depending on the union affiliation and the length of service of employees, the City is required to contribute to this insurance program. In addition, this expense includes the City's contribution for Health Insurance for retirees. Workers Compensation: The City is self-insured for Workers Compensation. The City directly finances the cost of medical and compensation payments to employees that are hurt on the job. The City has hired a private company for administering the workers compensation program. Trust and Welfare Payments: The City is required to pay various union welfare plans as part of negotiated contracts. There are seven unions that currently receive these benefits. Fire Department 207A Retirement: The City is required to supplement the State pension of various firefighters who have retired due to disabilities that these individuals incurred on the job. Metropolitan Commuter Transportation Mobility Tax (MCTMT): The City is required to pay 0.34% on all non-school district employee wages. B-9

10 Debt Services Expense The City is required to pay principal and debt on bonds that were borrowed to finance capital projects and tax assessment repayments. Special Items Taxes on City Property: The City is required by State Law to pay real estate taxes on property that is owned by the City but is not used for municipal purposes. Reserve for Uncollected Taxes: The City reserves all current and prior years real property taxes that are not collected within 60 days of the close of the fiscal year. The budgeted amount is based on a formula that was included in the Special Local and Finance Act for the City of Yonkers that was passed by New York State in Termination Payments: The City is required to pay accrued vacation time and severance pay for employees who have resigned or are terminated. Litigation Expenses: The City pays outside counsel from this account. B-10

11 Expenditure Summary FY 2015 Actual Current Projection City Departments $ 1,762,685 $ 2,085,031 $ 2,100,748 $ 2,100,748 $ 2,085,031 Legislative 2,484,015 2,798,578 3,195,661 3,195,661 2,993,517 Corporation Counsel 2,403,757 2,831,462 2,835,585 2,735,585 2,870,937 Finance and Mgt. Services 13,459,263 15,987,502 16,001,491 15,751,491 16,625,861 Human Resources 3,497,932 4,141,337 4,141,337 4,066,337 3,904,998 Information Technology 6,006,653 6,437,262 6,516,340 6,341,340 7,151,060 Planning and Development 1,852,970 1,930,362 1,978,302 1,843,302 1,955,508 Police 91,352,236 93,236,478 93,426,005 94,426,005 97,652,269 Fire 57,827,002 61,909,816 62,130,122 63,130,122 68,689,711 Public Works 65,803,154 72,573,380 73,123,452 70,673,452 73,163,158 Engineering 2,367,836 2,613,161 2,620,173 2,570,173 2,809,364 Parks 10,449,515 12,419,883 12,446,768 12,316,768 12,671,426 Housing and Buildings 2,751,395 3,075,531 3,075,667 2,925,667 3,071,904 Constituent Services 856, , , , ,730 Inspector General 466, , , , ,490 Veterans Services 365, , , , ,199 Human Rights 61, , , , ,000 Library 7,963,777 8,838,904 8,838,904 8,838,904 9,153,417 Museum 196, , , , ,500 Total - Departmental Expenditures $ 271,927,941 $ 293,057,770 $ 294,617,021 $ 293,102,021 $ 307,030,080 Fringe Benefits Employee Retirement 12,375,763 14,566,782 14,566,782 12,766,782 14,268,495 Police & Fire Retirement 35,856,124 37,893,398 37,893,398 34,993,398 38,369,105 Social Security 14,893,322 16,201,741 16,201,741 16,201,741 16,596,981 Workers' Compensation 9,596,122 11,300,000 11,300,000 12,800,000 11,300,000 Life/Health/Dental Ins. 51,276,532 54,386,502 54,390,485 54,390,485 58,005,421 Trust & Welfare Payments 3,883,196 4,354,817 4,354,817 4,354,817 4,629,399 Local Pension Plan 64,525 71,050 71,050 71,050 52,200 Unemployment Insurance 165, , , , ,110 Fire 207A Supple. Pension 1,919,338 2,085,547 2,085,547 2,235,547 1,881,015 Total - Fringe Benefits $ 130,030,364 $ 141,034,947 $ 141,038,930 $ 137,988,930 $ 145,277,726 B-11

12 Expenditure Summary FY 2015 Actual Current Projection Special Items Taxes on City Property $ 2,884,278 $ 2,893,668 $ 2,893,668 $ 2,997,135 $ 2,975,305 Tax Remission 1,270,357 1,500,000 1,500,000 1,500,000 1,500,000 Senior Citizens Tax Exempt 329, , , , ,000 Res. for Uncollected Taxes 17,178,187 12,651,386 12,651,386 12,651,386 14,449,845 YMCA-SNUG Grant 200, , , , ,000 STRIVE ,574 Tax Advertising 60,000 60,000 60,000 60,000 60,000 Paying Agent Expense 123, , , , ,000 Municipal Dues 13,742 32,000 32,000 32,000 32,000 Tenant Act Expense 166, , , , ,000 Judgments and Claims 999,846 1,000,000 1,000,000 1,000,000 1,000,000 Tax Certiorari Payments 9,504, , , , ,000 Contractual Settlements 5,349,835 5,916,589 5,916,589 6,650,000 9,646,419 Termination Payments 2,078,213 1,565,703 1,565,703 2,400,000 1,681,569 Fiscal Agent Bank Fee 9,100 20,000 20,000 20,000 20,000 Grant Cash Match 1,252, , , , ,000 Litigation Expenses 1,554,631 2,065,000 2,272,444 2,272,444 2,065,000 Administrative Income Tax 329, , , , ,000 Yonkers Historical Society 10,000 10,000 10,000 10,000 10,000 MTA Payroll Tax 777, , , , ,965 Board of Ethics - 25,000 25,000 25,000 25,000 Green Task Force 3,336 20,000 20,000 20,000 20,000 Affordable Housing Subsidies 777,112 1,100,000 1,100,000 1,100,000 1,100,000 Buena Vista Parking Garage 94, , , , ,000 Annual City Audit 634, , , , ,000 Contingent Reserve - 1,713,580 1,713,580 1,713, ,000 Total - Special Items $ 45,598,935 $ 34,527,069 $ 34,758,552 $ 36,455,462 $ 39,294,677 Board of Education Basic Operating Expend. 500,454, ,314, ,530, ,643, ,312,202 Total - B.O.E. Expenditures $ 500,454,799 $ 524,314,639 $ 526,530,338 $ 522,643,822 $ 538,312,202 Debt Service Debt Service - General Fund 45,769,141 41,273,525 41,273,525 39,351,532 43,431,124 Debt Service - Education Fund 23,984,357 26,184,759 26,184,759 25,805,384 30,939,507 Debt Service - Library Fund 1,071,669 1,090,467 1,090,467 1,079,559 1,321,257 Debt Service - Museum Fund 656, , , , ,395 Debt Service - Water Fund 3,553,762 3,914,198 3,914,198 3,883,547 4,726,184 Debt Service - Sewer Fund 4,135,701 4,242,308 4,242,308 4,224,302 4,050,578 Subtotal $ 79,171,135 $ 77,363,937 $ 77,363,937 $ 75,003,004 $ 85,099,045 Total Expenditures $ 1,027,183,174 $ 1,070,298,362 $ 1,074,308,778 $ 1,065,193,239 $ 1,115,013,730 B-12

13 Combined City and School District Budget Summary Appropriation Dollar Change % Change General City $ 519,798,964 $ 545,762,021 $ 25,963, % City School District 550,499, ,251,709 18,752, % Total Appropriation $ 1,070,298,362 $ 1,115,013,730 $ 44,715, % Revenues General City $ 428,535,017 $ 457,798,605 $ 29,263, % City School District 300,690, ,927,621 11,236, % Total $ 729,225,847 $ 769,726,226 $ 40,500, % Combined Property Tax Levy $ 341,072,515 $ 345,287,504 $ 4,214, % Total Revenue $ 1,070,298,362 $ 1,115,013,730 $ 44,715, % B-13

14 Comparison of City and School District Spending Fiscal Year City School Total City Contribution 2005 Actual $ 333,492,312 $ 369,275,441 $ 702,767,753 $ 161,742, Actual $ 354,658,875 $ 408,565,316 $ 763,224,191 $ 175,193, Actual $ 385,851,037 $ 426,578,161 $ 812,429,198 $ 207,832, Actual $ 409,086,227 $ 450,505,195 $ 859,591,422 $ 210,832, Actual $ 408,454,954 $ 466,031,302 $ 874,486,256 $ 217,349, Actual $ 439,808,502 $ 481,403,483 $ 921,211,985 $ 217,849, Actual $ 420,109,648 $ 468,705,415 $ 888,815,063 $ 217,849, Actual $ 431,554,898 $ 498,204,465 $ 929,759,363 $ 224,749, Actual $ 442,838,922 $ 499,805,085 $ 942,644,007 $ 227,299, Actual $ 446,652,640 $ 533,182,771 $ 979,835,411 $ 231,475, Actual $ 502,744,018 $ 524,439,156 $ 1,027,183,174 $ 234,173, $ 519,798,964 $ 550,499,398 $ 1,070,298,362 $ 249,808, $ 545,762,021 $ 569,251,709 $ 1,115,013,730 $ 257,324,088 B-14

15 The Budget Dollar - Revenues & Expenditures Revenues FY 2013 Actual FY 2014 Actual FY 2015 Actual Property Taxes $ 0.34 $ 0.34 $ 0.31 $ 0.32 $ 0.31 Sales Tax $ 0.07 $ 0.07 $ 0.07 $ 0.07 $ 0.07 Income Tax $ 0.04 $ 0.04 $ 0.04 $ 0.05 $ 0.05 Other Taxes $ 0.02 $ 0.02 $ 0.02 $ 0.02 $ 0.08 State/Federal Funding $ 0.35 $ 0.35 $ 0.33 $ 0.35 $ 0.35 Water/Sewer Charges $ 0.03 $ 0.03 $ 0.03 $ 0.03 $ 0.04 Other $ 0.13 $ 0.13 $ 0.20 $ 0.16 $ 0.11 Total $ 1.00 $ 1.00 $ 1.00 $ 1.00 $ 1.00 Expenditures City Departmental $ 0.27 $ 0.26 $ 0.26 $ 0.27 $ 0.28 Board of Education Operating $ 0.50 $ 0.52 $ 0.49 $ 0.49 $ 0.48 City Fringe Benefits $ 0.12 $ 0.12 $ 0.13 $ 0.13 $ 0.13 Special Items $ 0.04 $ 0.03 $ 0.04 $ 0.03 $ 0.04 Debt Service $ 0.07 $ 0.07 $ 0.08 $ 0.07 $ 0.08 Total $ 1.00 $ 1.00 $ 1.00 $ 1.00 $ 1.00 B-15

16 The Budget Dollar Fiscal Year 2017 Total Revenues $1,115,013,730 Water/Sewer Charges 3% Other 11% Property Taxes 31% Sales Tax 7% State/Federal Funding 35% Other Taxes 8% Income Tax 5% B-16

17 The Budget Dollar Fiscal Year 2016 Total Revenues $1,070,298,362 Other 16% Property Taxes 32% Water/Sewer Charges 3% Sales Tax 7% State/Federal Funding 35% Other Taxes 2% Income Tax 5% B-17

18 The Budget Dollar Fiscal Year 2017 Total Expenditures $1,115,013,730 City Fringe Benefits 13% Special Items 3% Debt Service 8% City Departmental 28% Board of Education Operating 48% B-18

19 The Budget Dollar Fiscal Year 2016 Total Expenditures $1,070,298,362 City Fringe Benefits 13% Special Items 3% Debt Service 7% City Departmental 28% Board of Education Operating 49% B-19

20 Comparison of Detailed Budgeted Revenues Dollar Change % Change Property Tax $ 341,072,515 $ 345,287,504 $ 4,214, % Special Taxes Sales and Use Tax $ 75,680,637 $ 74,164,799 $ (1,515,838) -2.0% Sales and Use Tax - Education $ 11,352,096 $ 14,832,960 $ 3,480, % Utilities Gross Receipts Tax 7,528,894 7,528, % Real Estate Transfer Tax 8,712,006 19,566,616 10,854, % O.T.B. Surcharge 225, ,000 (60,000) -26.7% Mortgage Tax 5,737,901 8,900,000 3,162, % Income Tax Surcharge 48,572,768 54,337,500 5,764, % Other Taxes 917,500 1,715, , % Total Special Taxes $ 158,726,802 $ 181,211,269 $ 22,484, % State Funding AIM Funding $ 108,215,479 $ 108,215,479 $ - 0.0% Reimbursements 592, ,700 33, % Total State Funding $ 108,808,179 $ 108,841,179 $ 33, % City Departments PVB / Courts $ 18,256,816 $ 20,125,000 $ 1,868, % All Other 16,102,270 18,987,850 2,885, % Total City Departments $ 34,359,086 $ 39,112,850 $ 4,753, % Other Revenues Prior Year Tax Payments $ 9,139,364 $ 11,648,517 $ 2,509, % Interest on Investment 127,250 40,500 (86,750) -68.2% Interest on Taxes 4,302,303 4,410, , % P.I.L.O.T.S. 18,600,870 15,602,900 (2,997,970) -16.1% Yonkers Raceway Impact Fees 1,000,000 1,000, % All Other 7,764,340 9,093,276 1,328, % Subtotal $ 40,934,127 $ 41,795,193 $ 861, % Appropriated Fund Balance 37,494,895 37,950, , % Total Other Revenues $ 78,429,022 $ 79,745,565 $ 1,316, % Subtotal $ 721,395,604 $ 754,198,367 $ 32,802, % B-20

21 Comparison of Detailed Budgeted Revenues Dollar Change % Change Library Fund $ 745,400 $ 976,901 $ 231, % Water Fund Frontage $ 4,095,295 $ 4,095,295 $ - 0.0% Metered Sales 32,102,746 35,776,557 3,673, % Other 854, , , % Subtotal $ 37,052,581 $ 40,869,352 $ 3,816, % Appropriated Fund Balance 3,260,665 - (3,260,665) % Total Other Revenues $ 40,313,246 $ 40,869,352 $ 556, % Sewer Fund Sewer Rents $ 7,384,397 $ 7,848,783 $ 464, % Other 178, ,000 14, % Sewer Fund $ 7,562,397 $ 8,040,783 $ 478, % Appropriated Fund Balance (409,115) (999,294) (590,179) 144.3% Total Other Revenues $ 7,153,282 $ 7,041,489 $ (111,793) -1.6% Education Fund State Funding - Basic $ 256,901,962 $ 272,468,377 $ 15,566, % State Additional Chapter 1 Accrual $ - $ % State Funding - Categorical $ 5,434,755 $ 5,434, % State Funding for VLTs $ 19,600,000 $ 19,600, % State Funding - Additional Aid $ 16,000,000 $ 11,000,000 (5,000,000) -31.3% Federal Aid $ 467,995 $ 580, , % Department $ 439,000 $ 376,310 (62,690) -14.3% Interfund Rev./Indirect Cost $ 666,105 $ 666, % Misc. Departmental /Fines $ 1,180,813 $ 1,081,382 (99,431) -8.4% Saunders Trust Fund $ 200 $ - (200) % Interest for Debt Service $ - $ % Subtotal $ 300,690,830 $ 311,207,529 10,516, % Appropriated Fund Balance-G/F - 720, , % Appropriated Fund Balance-D/S % Total Education Fund $ 300,690,830 $ 311,927,621 $ 11,236, % Total Revenues - All Funds $ 1,070,298,362 $ 1,115,013,730 $ 44,715, % B-21

22 Appropriation Change Summary Dollar Change % Change City Departmental $ 293,057,770 $ 307,030,080 $ 13,972, % Fringe Benefits 141,034, ,277,726 4,242, % Special Items 34,527,069 39,294,677 4,767, % Debt Service 51,179,178 54,159,538 2,980, % Board of Education Operating 524,314, ,312,202 13,997, % Debt Service 26,184,759 30,939,507 4,754, % Total $ 1,070,298,362 $ 1,115,013,730 $ 44,715, % B-22

23 Appropriation Comparison $ Amount % of Total $ Amount % of Total City Personal Services $ 232,002, % $ 245,734, % Equipment 239, % 245, % Materials and Supplies 10,260, % 9,766, % Contractual Services 50,555, % 51,283, % Fringes Benefits 141,034, % 145,277, % Special Items 34,527, % 39,294, % Debt Service 51,179, % 54,159, % Board of Education Operating 524,314, % 538,312, % Debt Service 26,184, % 30,939, % Total $ 1,070,298, % $ 1,115,013, % B-23

24 City and Board of Education Appropriation Comparison $ Amount % of Total $ Amount % of Total City Personal Services $ 232,002, % $ 245,734, % Equipment 239, % 245, % Materials and Supplies 10,260, % 9,766, % Contractual Services 50,555, % 51,283, % Fringes Benefits 141,034, % 145,277, % Special Items 34,527, % 39,294, % City Debt Service 51,179, % 54,159, % Total City $ 519,798, % $ 545,762, % Board of Education B.O.E. Operating 524,314, % 538,312, % B.O.E. Debt Service 26,184, % 30,939, % Total $ 550,499, % $ 569,251, % Total Appropriation $ 1,070,298,362 $ 1,115,013,730 B-24

Budget Introduction Proposed Budget

Budget Introduction Proposed Budget Budget Introduction Proposed Budget INTRO - 1 INTRO - 2 Summary of the Budget and Accounting Structure The City of Beverly Hills uses the same basis for budgeting as for accounting. Governmental fund financial

More information

CITY OF MADISON VISION AND MISSION STATEMENTS

CITY OF MADISON VISION AND MISSION STATEMENTS CITY OF MADISON VISION AND MISSION STATEMENTS Vision Statement: The City of Madison will be a safe and healthy place for all to live, learn, work and play. Mission Statement: The City of Madison, through

More information

THE STATE EDUCATION DEPARTMENT Room 475 EBA Office of Educational Management Services Albany, NY 12234 (518) 474-6541

THE STATE EDUCATION DEPARTMENT Room 475 EBA Office of Educational Management Services Albany, NY 12234 (518) 474-6541 THE STATE EDUCATION DEPARTMENT Room 475 EBA Office of Educational Management Services Albany, NY 12234 (518) 474-6541 Fund Balance - Reservations and Designations The following Reserve Funds are available

More information

GENERAL OBLIGATION DEBT SERVICE SUMMARY

GENERAL OBLIGATION DEBT SERVICE SUMMARY GENERAL OBLIGATION DEBT SERVICE SUMMARY The City of Houston General Debt Service Fund (the "Fund") accumulates resources for the principal and interest payments on tax supported debt consisting of: general

More information

ASSET: property owned by the City of Portsmouth.

ASSET: property owned by the City of Portsmouth. ACCRUAL BASIS: regardless of the timing of the related cash flows, this is an accounting method recognizing the financial effect of transactions, events, and interfund activities upon occurrence. AMORTIZATION:

More information

July 1, 2010 TO THE GOVERNING AUTHORITIES OF ALL MISSISSIPPI MUNICIPALITIES

July 1, 2010 TO THE GOVERNING AUTHORITIES OF ALL MISSISSIPPI MUNICIPALITIES OFFICE OF THE STATE AUDITOR STACEY E. PICKERING AUDITOR July 1, 2010 TO THE GOVERNING AUTHORITIES OF ALL MISSISSIPPI MUNICIPALITIES We are pleased to provide the 2010 Municipal Audit and Accounting Guide.

More information

Executive Summary. Model Structure. General Economic Environment and Assumptions

Executive Summary. Model Structure. General Economic Environment and Assumptions Executive Summary The (LTFP) report is an update from the preliminary report presented in January 2009 and reflects the Mayor s Proposed Budget for Fiscal Year 2010 and Fiscal Year 2011. Details of the

More information

CITY OF COLEMAN, TEXAS FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR'S REPORT SEPTEMBER 30, 2014

CITY OF COLEMAN, TEXAS FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR'S REPORT SEPTEMBER 30, 2014 CITY OF COLEMAN, TEXAS FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR'S REPORT SEPTEMBER 30, 2014 Becky Roberts, CPA 104 Pine Street, Suite 610 Abilene, Texas 79601 325-665-5239 becky.roberts@rm-cpa.net

More information

AD VALOREM TAX ADOPTED BUDGET

AD VALOREM TAX ADOPTED BUDGET AD VALOREM TAX ADOPTED BUDGET AGGREGATE TAX RATE AMENDMENT APPROPRIATION ASSESSED VALUE BALANCE FORWARD BALANCE FORWARD - CAPITAL A tax levied on the assessed value of real property (also known as "property

More information

AUDITING PROCEDURES REPORT Issued under P.A. 2 of 1968, as amended. Filing is mandatory.

AUDITING PROCEDURES REPORT Issued under P.A. 2 of 1968, as amended. Filing is mandatory. Michigan Dept. of Treasury, Local Audit & Finance Division 496 (3-98), Formerly L-3147 AUDITING PROCEDURES REPORT Issued under P.A. 2 of 1968, as amended. Filing is mandatory. Local Government Type: City

More information

TOWN OF MANCHESTER, MARYLAND. FINANCIAL STATEMENTS June 30, 2015

TOWN OF MANCHESTER, MARYLAND. FINANCIAL STATEMENTS June 30, 2015 FINANCIAL STATEMENTS TABLE OF CONTENTS PAGE INDEPENDENT AUDITORS REPORT... 1 MANAGEMENT S DISCUSSION AND ANALYSIS... 3 FINANCIAL STATEMENTS... 13 Government wide Financial Statements Statement of Net Position...14

More information

BEFORE THE BOARD OF COUNTY COMMISSIONERS FOR MULTNOMAH COUNTY, OREGON RESOLUTION NO. 2011-123

BEFORE THE BOARD OF COUNTY COMMISSIONERS FOR MULTNOMAH COUNTY, OREGON RESOLUTION NO. 2011-123 BEFORE THE BOARD OF COUNTY COMMISSIONERS FOR MULTNOMAH COUNTY, OREGON RESOLUTION NO. 2011-123 Adopting an Updated Definition of the Various County Funds to be Used in Fiscal Year 2012 and Repealing. The

More information

Homer Township Midland County, Michigan. Financial Statements

Homer Township Midland County, Michigan. Financial Statements Homer Township Midland County, Michigan ================================ Financial Statements TOWNSHIP OFFICIALS OFFICERS Barbara Radosa, Supervisor Ken Schlafley, Clerk Albert Tew, Treasurer TRUSTEES

More information

TOWNSHIP OF ROLLAND ISABELLA COUNTY, MICHIGAN AUDITED FINANCIAL STATEMENTS. Fiscal Year Ended March 31, 2010

TOWNSHIP OF ROLLAND ISABELLA COUNTY, MICHIGAN AUDITED FINANCIAL STATEMENTS. Fiscal Year Ended March 31, 2010 ISABELLA COUNTY, MICHIGAN AUDITED FINANCIAL STATEMENTS Fiscal Year Ended TABLE OF CONTENTS Independent Auditor s Report.. 1 FINANCIAL STATEMENTS Government Wide Statement of Net Assets. 2 Government Wide

More information

WASHINGTON STATE CONVENTION CENTER. FISCAL 2009 Annual Report July 1, 2008 June 30, 2009 TABLE OF CONTENTS

WASHINGTON STATE CONVENTION CENTER. FISCAL 2009 Annual Report July 1, 2008 June 30, 2009 TABLE OF CONTENTS WASHINGTON STATE CONVENTION CENTER FISCAL 2009 Annual Report July 1, 2008 June 30, 2009 TABLE OF CONTENTS Net Annual Cash Flow to State 2 Convention Center Cash Flow Summary 3 Event Attendance 4 Estimated

More information

PLEASE PUBLISH THIS PAGE ONLY

PLEASE PUBLISH THIS PAGE ONLY Form F-66 (IA-2) (5-8-213) STATE OF IOWA 213 FINANCIAL REPORT 162116 FISCAL YEAR ENDED JUNE 3, 213 {enter title} {enter address} NEWELL CITY OF NEWELL, IOWA DUE: December 1, 213 (Please correct any error

More information

Department of Finance

Department of Finance Linda Dunn-Landolfi, Acting Director 185 186 DEPARTMENT OF FINANCE Statement of Service: The Director of Finance coordinates all finance activities and functions in the City. The following divisions are

More information

Budget Process. Budget Calendar. The City s fiscal year is July 1 through June 30.

Budget Process. Budget Calendar. The City s fiscal year is July 1 through June 30. Budget Process The City s fiscal year is July 1 through June 30. To establish the budget, the Finance Department develops a plan for expenditure of projected available resources for the coming fiscal year.

More information

HOUSE BILL 2587 AN ACT

HOUSE BILL 2587 AN ACT Senate Engrossed House Bill State of Arizona House of Representatives Fifty-second Legislature First Regular Session 2015 HOUSE BILL 2587 AN ACT AMENDING SECTIONS 35-142 AND 35-315, ARIZONA REVISED STATUTES;

More information

City of Long Beach New York Rebuilding for the Long Term

City of Long Beach New York Rebuilding for the Long Term PROPOSED ANNUAL BUDGET PRESENTATION (PART II) May 20, 2014 Fiscal Year July 1, 2014 June 30, 2015 City of Long Beach New York Rebuilding for the Long Term City CouncilĀ» Scott J.Mandel, President Fran Adelson,

More information

Property Tax Cap Fiscal Years Beginning 2014

Property Tax Cap Fiscal Years Beginning 2014 New York State Office of the State Comptroller Thomas P. DiNapoli State Comptroller Property Tax Cap Fiscal Years Beginning Property Tax Cap Instructions The State Legislature and the Governor enacted

More information

FY2015/16 Approved Budget. SECTION 26 Glossary

FY2015/16 Approved Budget. SECTION 26 Glossary 26 SECTION 26 Glossary 273 Glossary Account - The primary accounting field in the budget used to describe the type of the financial transaction. Actual - Actual level of expenditures/fte positions approved

More information

Basic Accounting. Course Objective. General Budgetary Terms 12/8/2015. Presented by: Local Government Services

Basic Accounting. Course Objective. General Budgetary Terms 12/8/2015. Presented by: Local Government Services Basic Accounting Presented by: Local Government Services Course Objective To give an overview of the different requirements, processes, transactions, and forms relating to your job as clerk General Budgetary

More information

SAMPLE COOPERATIVE CORP. FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2010 AND 2009

SAMPLE COOPERATIVE CORP. FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2010 AND 2009 FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2010 AND 2009 INDEX INDEPENDENT AUDITORS REPORT... 1 BALANCE SHEETS... 2 3 STATEMENTS OF OPERATIONS AND CHANGES IN ACCUMULATED DEFICIT... 4 Operating

More information

The District uses funds to report on its financial position and the result of its operations.

The District uses funds to report on its financial position and the result of its operations. SIGNIFICANT BUDGET AND ACCOUNTING REQUIREMENTS BASIS OF PRESENTATION FUND ACCOUNTING The District uses funds to report on its financial position and the result of its operations. A fund is defined as a

More information

The "Total (Memorandum Only)" column is the aggregate of the columns being presented and does not represent consolidated financial information.

The Total (Memorandum Only) column is the aggregate of the columns being presented and does not represent consolidated financial information. City of Madison NOTES TO COMBINED FINANCIAL STATEMENTS December 31, 1999 NOTE A - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following is a summary of the City's significant accounting policies consistently

More information

Page Intentionally Left Blank

Page Intentionally Left Blank Page Intentionally Left Blank Department Description The Debt Management Department conducts planning, structuring, and issuance activities for all City financings to fund cash flow needs and to provide

More information

Adopted Budget: The budget formally adopted by the Board of Commissioners for the upcoming fiscal year.

Adopted Budget: The budget formally adopted by the Board of Commissioners for the upcoming fiscal year. 289 Accrual Basis of Accounting: The primary basis of recording assets, liabilities, revenues, and expenses for a government s business-like activities. Under the accrual basis, revenues are recognized

More information

Financial Statements December 31, 2014 and 2013 Josephine Commons, LLC

Financial Statements December 31, 2014 and 2013 Josephine Commons, LLC Financial Statements Josephine Commons, LLC www.eidebailly.com Table of Contents Independent Auditor s Report... 1 Financial Statements Balance Sheets... 3 Statements of Operations and Members Equity...

More information

State of New Jersey Local Government Services

State of New Jersey Local Government Services A d o p t e d Year: 2015 Municipal User Friendly Budget MUNICIPALITY: 350 2 Municode: 1315 Filename: 1315_fba_2015.xlsm Website: www.freeholdboro.org Phone Number: 732-462-1410 Mailing Address: 51 West

More information

Five-Year Financial Plan

Five-Year Financial Plan 2014 City of Yakima Five-Year Financial Plan Presented to City Council January 21, 2014 To: From: Subject: The Honorable Mayor and Members of City Council Tony O Rourke, City Manager Cindy Epperson, Director

More information

Debt Management. Department Description

Debt Management. Department Description Department Description Debt Management conducts planning, structuring, and issuance activities for short-term and long-term financing to meet the City's cash flow needs and to provide funds for capital

More information

INDEPENDENT AUDITORS' REPORT

INDEPENDENT AUDITORS' REPORT INDEPENDENT AUDITORS' REPORT March 11, 2014 Penn Township Board of Commissioners Penn Township, York County, Pennsylvania Hanover, Pennsylvania We have audited the accompanying 2013 Municipal Annual Audit

More information

150-303-405 (Rev. 6-09)

150-303-405 (Rev. 6-09) A Brief History of Oregon Property Taxation 150-303-405-1 (Rev. 6-09) 150-303-405 (Rev. 6-09) To understand the current structure of Oregon s property tax system, it is helpful to view the system in a

More information

LEGISLATIVE SERVICES AGENCY OFFICE OF FISCAL AND MANAGEMENT ANALYSIS 301 State House (317) 232-9855

LEGISLATIVE SERVICES AGENCY OFFICE OF FISCAL AND MANAGEMENT ANALYSIS 301 State House (317) 232-9855 LEGISLATIVE SERVICES AGENCY OFFICE OF FISCAL AND MANAGEMENT ANALYSIS 301 State House (317) 232-9855 FISCAL IMPACT STATEMENT LS 7482 DATE PREPARED: Mar 30, 2001 BILL NUMBER: SB 199 BILL AMENDED: Mar 29,

More information

GENERA L OBLIGATION DEBT SERVICE SUMMARY

GENERA L OBLIGATION DEBT SERVICE SUMMARY GENERA L OBLIGATION DEBT SERVICE SUMMARY General Obligation debt is secured by and payable from the receipts of annual ad valorem taxes, within legal limits, on taxable property within the City. The City

More information

COMMUNITY RESOURCE CENTER FOR THE DEVELOPMENTALLY DISABLED, INC. FINANCIAL STATEMENTS YEAR ENDED JUNE 30, 2016

COMMUNITY RESOURCE CENTER FOR THE DEVELOPMENTALLY DISABLED, INC. FINANCIAL STATEMENTS YEAR ENDED JUNE 30, 2016 COMMUNITY RESOURCE CENTER FOR THE FINANCIAL STATEMENTS YEAR ENDED JUNE 30, 2016 COMMUNITY RESOURCE CENTER FOR THE JUNE 30, 2016 Table of Contents Independent Auditor s Report 1-2 Financial Statements Statement

More information

General Government Accounts. To budget for services provided on a city-wide basis and not directly associated with an operating department or office.

General Government Accounts. To budget for services provided on a city-wide basis and not directly associated with an operating department or office. General Government Accounts To budget for services provided on a city-wide basis and not directly associated with an operating department or office. What We Do (Description of Services) About the General

More information

The following document was not prepared by the Office of the State Auditor, but was prepared by and submitted to the Office of the State Auditor by a

The following document was not prepared by the Office of the State Auditor, but was prepared by and submitted to the Office of the State Auditor by a The following document was not prepared by the Office of the State Auditor, but was prepared by and submitted to the Office of the State Auditor by a private CPA firm. The document was placed on this web

More information

SPECIAL CITIZENS FUTURES UNLIMITED. Financial Statements. June 30, 2016 and With Independent Auditors' Report

SPECIAL CITIZENS FUTURES UNLIMITED. Financial Statements. June 30, 2016 and With Independent Auditors' Report SPECIAL CITIZENS FUTURES UNLIMITED Financial Statements With Independent Auditors' Report Table of Contents Independent Auditors Report... 1 Financial Statements Statements of Financial Position... 2 Statements

More information

Glossary of Assessment Terms:

Glossary of Assessment Terms: Glossary of Assessment Terms: Abatement A reduction or elimination of a tax or charge imposed by a governmental unit, applicable to property tax bills, motor vehicle excise taxes, fees, charges, and special

More information

Expenditure Accounting: Governmental Funds. Chapter 6

Expenditure Accounting: Governmental Funds. Chapter 6 Expenditure Accounting: Governmental Funds Chapter 6 Learning Objectives Define expenditures Understand & apply expenditure recognition guidance Understand multiple classifications of expenditures Account

More information

FINANCIAL INFORMATION

FINANCIAL INFORMATION FINANCIAL INFORMATION Financial Management and Control The accounting and reporting policies of the City of Lawton relating to the fund types included in the financial statements conform to generally accepted

More information

NEW PHILADELPHIA CITY SCHOOLS FIVE-YEAR FORECAST 2013-2017

NEW PHILADELPHIA CITY SCHOOLS FIVE-YEAR FORECAST 2013-2017 Real Estate Tax Assumptions NEW PHILADELPHIA CITY SCHOOLS FIVE-YEAR FORECAST 2013-2017 REVENUE ASSUMPTIONS Real estate taxes had increased at approximately 1.1% to 2.0% through 2012 and a 1.5% increase

More information

TOWN OF HARRISBURG NORTH CAROLINA TABLE OF CONTENTS June 30, 2006. Independent Auditor's Report 1-2. Management s Discussion and Analysis 3-12

TOWN OF HARRISBURG NORTH CAROLINA TABLE OF CONTENTS June 30, 2006. Independent Auditor's Report 1-2. Management s Discussion and Analysis 3-12 TOWN OF HARRISBURG NORTH CAROLINA TABLE OF CONTENTS June 30, 2006 Exhibit Page FINANCIAL SECTION: Independent Auditor's Report 1-2 Management s Discussion and Analysis 3-12 Basis Financial Statements:

More information

New Castle County Revenue Summary with Contingencies & Debt Service. Fiscal Year 2015 Recommended Budget

New Castle County Revenue Summary with Contingencies & Debt Service. Fiscal Year 2015 Recommended Budget New Castle County Revenue Summary with Contingencies & Debt Service Fiscal Year 2015 Recommended Budget Table of Contents Revenue Summary Sources of Funds Summary...1 Revenue Assumptions...2 Historical

More information

NEW YORK STATE DEPARTMENT OF TAXATION & FINANCE OFFICE OF REAL PROPERTY TAX SERVICES

NEW YORK STATE DEPARTMENT OF TAXATION & FINANCE OFFICE OF REAL PROPERTY TAX SERVICES NEW YORK STATE DEPARTMENT OF TAXATION & FINANCE OFFICE OF REAL PROPERTY TAX SERVICES RP-459-c (9/09) APPLICATION FOR PARTIAL TAX EXEMPTION FOR REAL PROPERTY OF PERSONS WITH DISABILITIES AND LIMITED INCOMES

More information

The Office of the New York State Comptroller

The Office of the New York State Comptroller Office of The New York State Comptroller Thomas P. DiNapoli List of Records Maintained by The Office of the New York State Comptroller Pursuant to the Freedom of Information Law (Public Officers Law, 87

More information

Borough of Baldwin. Primary Government Financial Statements and Required Supplementary Information

Borough of Baldwin. Primary Government Financial Statements and Required Supplementary Information Borough of Baldwin Primary Government Financial Statements and Required Supplementary Information Year Ended December 31, 2015 with Independent Auditor s Report TABLE OF CONTENTS Independent Auditor's

More information

DEBT SERVICE BUDGET. This section is organized in the following manner: Page. Debt Service Budget 6-1. Debt Service Budget Fund Summary 6-2

DEBT SERVICE BUDGET. This section is organized in the following manner: Page. Debt Service Budget 6-1. Debt Service Budget Fund Summary 6-2 DEBT SERVICE BUDGET Local governments traditionally issue debt to pay for capital projects for several reasons. First, the cost of these projects is normally too high to absorb into an annual budget. Second,

More information

Property Type. Minnesota Property Tax Class Rates Payable in 2010

Property Type. Minnesota Property Tax Class Rates Payable in 2010 Property Taxes Property Taxes Property tax revenues account for 33% of general fund revenue. In any given year several factors affect how much an individual property owner pays in city property taxes,

More information

DEBT MANAGEMENT POLICY ANNUAL UPDATE HUMBOLDT COUNTY, NEVADA

DEBT MANAGEMENT POLICY ANNUAL UPDATE HUMBOLDT COUNTY, NEVADA DEBT MANAGEMENT POLICY ANNUAL UPDATE HUMBOLDT COUNTY, NEVADA July, 2015 TABLE OF CONTENTS I. INTRODUCTION 1 II. ABILITY TO AFFORD EXISTING GENERAL OBLIGATION DEBT, AUTHORIZED FUTURE GENERAL OBLIGATION

More information

Real Property Tax Cap Information Frequently Asked Questions

Real Property Tax Cap Information Frequently Asked Questions Real Property Tax Cap Information Frequently Asked Questions Notice: The answers listed below supplement the guidance issued by the New York State Department of Taxation and Finance and the New York State

More information

2016 Proposed Budget

2016 Proposed Budget Revenue 301 Real Property Taxes 301.00 Real Estate Taxes 661,079 301.20 Real Estate Taxes Prior 3,000 301.30 Real Estate Taxes Delinquent 15,000 Sub-Total $679,079 310 Local Enabling Taxes 310.10 Real

More information

Summary of SB 107 (Budget and Fiscal Review) Chapter 325, Statutes of 2015

Summary of SB 107 (Budget and Fiscal Review) Chapter 325, Statutes of 2015 Important Dates Summary of SB 107 (Budget and Fiscal Review) Chapter 325, Statutes of 2015 November 1, 2015: Deadline for Successor Agency (SA) for a Redevelopment Agency (RDA) that was not allocated property

More information

Westchester County Health Care Corporation Basic Financial Statements and Supplementary Schedules (With Management s Discussion and Analysis)

Westchester County Health Care Corporation Basic Financial Statements and Supplementary Schedules (With Management s Discussion and Analysis) Westchester County Health Care Corporation Basic Financial Statements and Supplementary Schedules (With Management s Discussion and Analysis) (With Report of Independent Certified Public Accountants) Table

More information

Accounting and Reporting Manual

Accounting and Reporting Manual Office of the New York State Comptroller Division of Local Government and School Accountability Accounting and Reporting Manual Thomas P. DiNapoli State Comptroller For additional copies of this report

More information

Your Pension Benefits from The City of Atlanta and The Atlanta Board of Education

Your Pension Benefits from The City of Atlanta and The Atlanta Board of Education Rev. 12/05 Your Pension Benefits from The City of Atlanta and The Atlanta Board of Education Summary Plan Description for the General Employees Pension Plan Police Officer s Pension Plan Firefighter s

More information

Annual Financial Report For the Calendar Year Ended December 31, 2008

Annual Financial Report For the Calendar Year Ended December 31, 2008 Annual Financial Report For the Calendar Year Ended December 31, 2008 City of Jasper The First Mountain City 200 Burnt Mountain Road Jasper, Georgia 30143 Prepared By: Tacie Jo Williams, CPA Director of

More information

OVERVIEW OF ARIZONA STATE PROPERTY TAX SYSTEM IN MARICOPA COUNTY

OVERVIEW OF ARIZONA STATE PROPERTY TAX SYSTEM IN MARICOPA COUNTY Maricopa County Department of Finance Prepared: 10/22/13 OVERVIEW OF ARIZONA STATE PROPERTY TAX SYSTEM IN MARICOPA COUNTY The following Overview of the Arizona State Property Tax System was prepared by

More information

ANNUAL TAX LEVY PACKET

ANNUAL TAX LEVY PACKET ANNUAL TAX LEVY PACKET OF THE OREGON PARK DISTRICT FOR THE 2013 TAX YEAR We Create Fun for a Lifetime OREGON PARK DISTRICT ANNUAL TAX LEVY PACKET FOR THE 2013 TAX YEAR CONTENTS 2012 Tax Year District Statement

More information

County Ballot Issues General Election November 4. Alachua County. Brevard County

County Ballot Issues General Election November 4. Alachua County. Brevard County Moving Alachua County Forward One Percent Transportation Sales Surtax Economic Development Ad Valorem Tax Exemptions for New Businesses and Expansions of Existing Businesses One-half Cent Sales Surtax

More information

State of New Jersey Local Government Services

State of New Jersey Local Government Services State of New Jersey Local Government Services Year: 2015 Municipal User Friendly Budget MUNICIPALITY: 526 2 Municode: 1908 Filename: 1908_fba_2015.xlsm Website: greentwp.com Phone Number: 908-852-9333

More information

April 8, 2016. Fellow Syracusans:

April 8, 2016. Fellow Syracusans: Fellow Syracusans: April 8, 206 The City and the School District are projecting the use of reserves in the amount of $2. million and $0 million, respectively. Total City reserves at the beginning of FY

More information

BUDGET AND FINANCIAL PLAN SUMMARY FILE

BUDGET AND FINANCIAL PLAN SUMMARY FILE BUDGET AND FINANCIAL PLAN SUMMARY FILE BUDGETED REVENUES, EXPENDITURES, AND CHANGES IN CURRENT NET ASSETS Last Year (Actual) 2013 Current Year (Estimated) 2014 Adopted 2015 Proposed 2016 Proposed 2017

More information

Montgomery County Nursing Home

Montgomery County Nursing Home County Nursing Home A Component Unit of County, Arkansas Accountants Report and Financial Statements County Nursing Home A Component Unit of County, Arkansas Contents Independent Accountants Report on

More information

CITY OF SURREY BY-LAW NO. 16828. A by-law to provide for the adoption of the Surrey 2009 2013 Consolidated Financial Plan.

CITY OF SURREY BY-LAW NO. 16828. A by-law to provide for the adoption of the Surrey 2009 2013 Consolidated Financial Plan. CITY OF SURREY BY-LAW NO. 16828 A by-law to provide for the adoption of the Surrey 2009 2013 Consolidated Financial Plan. WHEREAS pursuant to Section 165 of the Community Charter being Chapter 26 of the

More information

CITY OF CHESAPEAKE ORGANIZATION

CITY OF CHESAPEAKE ORGANIZATION CITY OF CHESAPEAKE ORGANIZATION The City of Chesapeake derives its governing authority from a Charter granted by the General Assembly of the Commonwealth of Virginia. The City is organized under a Council-Manager

More information

2014 County Ballot Issues Results General Election November 4th

2014 County Ballot Issues Results General Election November 4th Moving Alachua County Forward One Percent Transportation Sales Surtax Tourist Development Tax Valorem Tax Exemptions for New Businesses and Expansions of Existing Businesses One-half Cent Sales Surtax

More information

GLOSSARY OF TERMS. BUILDING MANAGER Non-certified persons hired by the school district to manage and oversee the operation of a school.

GLOSSARY OF TERMS. BUILDING MANAGER Non-certified persons hired by the school district to manage and oversee the operation of a school. GLOSSARY OF TERMS ACCUMULATIVE ENROLLMENT - The total number of students enrolled in a school year (beginning of the year enrollment plus any students added after that date), this count is used to determine

More information

GENERAL FUND AND PUBLIC SAFETY FUND PROJECTION

GENERAL FUND AND PUBLIC SAFETY FUND PROJECTION 2015 Charter Township of West Bloomfield Finance Department GENERAL FUND AND PUBLIC SAFETY FUND PROJECTION Fiscal Years Ended December 31, 2015 through 2024 Contents Finance Director s Report 3 Historical

More information

Non-Departmental/Unclassified Administration

Non-Departmental/Unclassified Administration /Unclassified Administration Expenditure and Revenue Summary % Change FY 08 FY 08 FY 09 FY 10 Adopt 09/ A. Expenditure by Program Approp Actual Adopted Adopted Adopt 10 1 Administration $31,331,052 $29,009,675

More information

FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS REPORT FORE SILVER CREEK LIMITED PARTNERSHIP DECEMBER 31, 2011

FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS REPORT FORE SILVER CREEK LIMITED PARTNERSHIP DECEMBER 31, 2011 FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS REPORT FORE SILVER CREEK LIMITED PARTNERSHIP DECEMBER 31, 2011 TABLE OF CONTENTS PAGE INDEPENDENT AUDITORS REPORT 3 FINANCIAL STATEMENTS BALANCE SHEET 4 STATEMENT

More information

Florida Senate - 2011 SB 980

Florida Senate - 2011 SB 980 By Senator Bennett 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 A bill to be entitled An act relating to convention development taxes; amending s. 212.0305, F.S.; making

More information

State of New Jersey Local Government Services

State of New Jersey Local Government Services Year: State of New Jersey Local Government Services 2016 Municipal User Friendly Budget 1215 North Brunswick Township - County of Middlesex Introduced MUNICIPALITY: 324 1 Municode: 1215 Filename: 1215_fbi_2016.xlsm

More information

Town of Clinton Budget Recommendations

Town of Clinton Budget Recommendations Town of Clinton Budget Recommendations Fiscal Year 2016 July 1, 2015 June 30, 2016 20-May-15 Fiscal Year 2015 Fiscal Year 2016 114 - Moderator Moderator Salary 100.00 100.00 Moderator Misc. Expense 50.00

More information

State of New Jersey Local Government Services

State of New Jersey Local Government Services Year: State of New Jersey Local Government Services 2015 Municipal User Friendly Budget MUNICIPALITY: 82 2 Municode: 0256 Filename: 0256_fba_2015.xlsm Website: www.rutherford nj.com Phone Number: (201)

More information

BUDGET AND FINANCIAL PLAN SUMMARY FILE

BUDGET AND FINANCIAL PLAN SUMMARY FILE REVENUE & FINANCING SOURCES Operating Revenues Charges for services Rental & financing income Last Year (Actual) 2014 Other operating revenues 0 Nonoperating Revenues Current Year (Estimated) 2015 Next

More information

PENSION FUND ACTUARIALLY REQUIRED CONTRIBUTIONS (ARC) A Civic Federation Issue Brief

PENSION FUND ACTUARIALLY REQUIRED CONTRIBUTIONS (ARC) A Civic Federation Issue Brief PENSION FUND ACTUARIALLY REQUIRED CONTRIBUTIONS (ARC) A Civic Federation Issue Brief Prepared By The Civic Federation February 14, 2007 TABLE OF CONTENTS OVERVIEW... 3 DEFINITIONS... 3 METHODS FOR CALCULATING

More information

A Guide to The Capital Budget

A Guide to The Capital Budget Understanding New York City s Budget A Guide to The Capital Budget This guide is designed to help interested New Yorkers understand and participate in the city s budget process. It outlines the components

More information

Re: Date: Once the Council sets the preliminary levy, that amount cannot be increased but it may be decreased.

Re: Date: Once the Council sets the preliminary levy, that amount cannot be increased but it may be decreased. CITY OF EXCELSIOR MEMORANDUM Re: 09/08/15 CC Meeting Item 12(a) 2016 General Fund Budget & Tax Levy Date: September 1, 2015 To: City Council From: Heidi Tumberg, Finance Director The Council and staff

More information

OTHER COMPREHENSIVE BASIS OF ACCOUNTING (OCBOA) CASH BASIS NOTES TO THE FINANCIAL STATEMENTS

OTHER COMPREHENSIVE BASIS OF ACCOUNTING (OCBOA) CASH BASIS NOTES TO THE FINANCIAL STATEMENTS OTHER COMPREHENSIVE BASIS OF ACCOUNTING (OCBOA) CASH BASIS NOTES TO THE FINANCIAL STATEMENTS Table of Contents Page NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES... 1 NOTE 2 SELF-INSURANCE SECURITY

More information

Miami County, Ohio FIVE-YEAR FINANCIAL FORECAST NOTES AND ASSUMPTIONS. For the Fiscal Years Ending June 30, 2015 through 2019

Miami County, Ohio FIVE-YEAR FINANCIAL FORECAST NOTES AND ASSUMPTIONS. For the Fiscal Years Ending June 30, 2015 through 2019 Miami County, Ohio FIVE-YEAR FINANCIAL FORECAST NOTES AND ASSUMPTIONS For the Fiscal Years Ending June 30, 2015 through 2019 May 11, 2015 The mission of the Troy City Schools, in partnership with our community,

More information

EAST ST. LOUIS SCHOOL DISTRICT 189

EAST ST. LOUIS SCHOOL DISTRICT 189 EAST ST. LOUIS SCHOOL DISTRICT 189 FINANCIAL STATEMENTS AS OF AND FOR THE YEAR ENDED JUNE 30, 2014 AND INDEPENDENT AUDITORS' REPORT TABLE OF CONTENTS AS OF AND FOR THE YEAR ENDED JUNE 30, 2014 Page(s)

More information

The calculation of prudent reserve targets shall include consideration of the following factors:

The calculation of prudent reserve targets shall include consideration of the following factors: Governing Body Policies Article GB04-A RESERVE FUNDS POLICY. Sections: GB04-A-1 OBJECTIVES. GB04-A-2 SCOPE. GB04-A-3 DEFINITIONS. GB04-A-4 PROVISIONS. GB04-A-5 PROCEDURES. GB04-A-6 RESPONSIBILITY FOR ENFORCEMENT.

More information

CHAPTER XII DOUBLE ENTRY ACCOUNTING SYSTEM

CHAPTER XII DOUBLE ENTRY ACCOUNTING SYSTEM 12-1 CHAPTER XII DOUBLE ENTRY ACCOUNTING SYSTEM SECTION A - ACCOUNTING BASIS The accounting basis for recording transactions will vary according to the purpose for which each fund is established. Generally,

More information

Understanding Mississippi Property Taxes

Understanding Mississippi Property Taxes Understanding Mississippi Property Taxes Property tax revenues are a vital component of the budgets of Mississippi s local governments. Property tax revenues allow these governments to provide important

More information

PBID LAW STREETS AND HIGHWAYS CODE SECTIONS As Amended January 1, 2009

PBID LAW STREETS AND HIGHWAYS CODE SECTIONS As Amended January 1, 2009 PBID LAW STREETS AND HIGHWAYS CODE SECTIONS 36600-36671 As Amended January 1, 2009 Declarations 36600. This part shall be known and may be cited as the "Property and Business Improvement District Law of

More information

Please note that accounts marked with an (*) are not used for budget purposes.

Please note that accounts marked with an (*) are not used for budget purposes. H. Chart of Accounts PHFA does not require a property to utilize any prescribed chart of accounts in their internal accounting system. However, when information is reported to PHFA, the following Chart

More information

State Notes TOPICS OF LEGISLATIVE INTEREST Summer 2010

State Notes TOPICS OF LEGISLATIVE INTEREST Summer 2010 Retirement Incentive and Pension Reform of the Michigan Public School Employees' Retirement System By Kathryn Summers, Chief Analyst Introduction On May 19, 2010, Governor Granholm signed into law Senate

More information

NEW YORK STATE DEPARTMENT OF TAXATION & FINANCE OFFICE OF REAL PROPERTY TAX SERVICES

NEW YORK STATE DEPARTMENT OF TAXATION & FINANCE OFFICE OF REAL PROPERTY TAX SERVICES NEW YORK STATE DEPARTMENT OF TAXATION & FINANCE OFFICE OF REAL PROPERTY TAX SERVICES RP-467-Ins (9/09) INSTRUCTIONS FOR THE APPLICATION FOR THE PARTIAL REAL PROPERTY TAX EXEMPTION FOR SENIOR CITIZENS EXEMPTION

More information

SUGGESTED PROCEDURES FOR THE PREPARATION OF THE COUNTY FINAL TAX SETTLEMENT

SUGGESTED PROCEDURES FOR THE PREPARATION OF THE COUNTY FINAL TAX SETTLEMENT SUGGESTED PROCEDURES FOR THE PREPARATION OF THE COUNTY FINAL TAX SETTLEMENT November 14, 2013 SUGGESTED PROCEDURES FOR THE PREPARATION OF THE COUNTY FINAL TAX SETTLEMENT INDEX Tax Settlement Narrative

More information

ASSEMBLY, No. 441 STATE OF NEW JERSEY. 211th LEGISLATURE PRE-FILED FOR INTRODUCTION IN THE 2004 SESSION

ASSEMBLY, No. 441 STATE OF NEW JERSEY. 211th LEGISLATURE PRE-FILED FOR INTRODUCTION IN THE 2004 SESSION ASSEMBLY, No. STATE OF NEW JERSEY th LEGISLATURE PRE-FILED FOR INTRODUCTION IN THE 00 SESSION Sponsored by: Assemblyman ANTHONY IMPREVEDUTO District (Bergen and Hudson) Assemblyman NEIL M. COHEN District

More information

Governmental Funds Group General Fund:

Governmental Funds Group General Fund: Governmental Funds Group General Fund: 10 REVENUES, EPENDITURES, AND FUND BALANCE DATA For Year: 2004-05 Year: 2005-06 REVENUES: Federal Revenues Revenues Local Revenues TOTAL REVENUES EPENDITURES: Academic

More information

CITY OF PEMBROKE PINES FLORIDA STATE UNIVERSITY CHARTER SCHOOLS

CITY OF PEMBROKE PINES FLORIDA STATE UNIVERSITY CHARTER SCHOOLS CITY OF PEMBROKE PINES FLORIDA STATE UNIVERSITY FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED JUNE 30, 2005 (With Independent Auditors Reports Thereon) CITY OF PEMBROKE PINES FLORIDA STATE UNIVERSITY

More information

TOWNSHIP OF FREEHOLD COUNTY OF MONMOUTH AUDIT REPORT FOR THE YEAR ENDED DECEMBER 31, 2015

TOWNSHIP OF FREEHOLD COUNTY OF MONMOUTH AUDIT REPORT FOR THE YEAR ENDED DECEMBER 31, 2015 TOWNSHIP OF FREEHOLD COUNTY OF MONMOUTH AUDIT REPORT FOR THE YEAR ENDED DECEMBER 31, 2015 TOWNSHIP OF FREEHOLD COUNTY OF MONMOUTH, NEW JERSEY TABLE OF CONTENTS EXHIBIT PAGE PART I Independent Auditors'

More information

TWELVE OAKS SPECIAL DISTRICT FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS REPORT SEPTEMBER 30, 2014

TWELVE OAKS SPECIAL DISTRICT FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS REPORT SEPTEMBER 30, 2014 TWELVE OAKS SPECIAL DISTRICT FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS REPORT SEPTEMBER 30, 2014 TABLE OF CONTENTS PAGE FINANCIAL SECTION Independent Auditors Report 1-3 Management s Discussion and

More information

Accounting for General Long- Term Liabilities and Debt Service

Accounting for General Long- Term Liabilities and Debt Service Chapter 6 Accounting for General Long- Term Liabilities and Debt Service McGraw-Hill/Irwin Copyright 2010 by The McGraw-Hill Companies, Inc. All rights reserved. 6-2 Learning Objectives After studying

More information

Texas Department of Assistive and Rehabilitative Services (538) - Unaudited

Texas Department of Assistive and Rehabilitative Services (538) - Unaudited Note 1: Summary of Significant Accounting Policies Entity The Texas Department of Assistive and Rehabilitative Services ( DARS ) is an agency of the State of Texas and its financial records comply with

More information

PLAINFIELD CHARTER TOWNSHIP KENT COUNTY, MICHIGAN ORDINANCE NO. RESOLUTION NO.

PLAINFIELD CHARTER TOWNSHIP KENT COUNTY, MICHIGAN ORDINANCE NO. RESOLUTION NO. PLAINFIELD CHARTER TOWNSHIP KENT COUNTY, MICHIGAN ORDINANCE NO. RESOLUTION NO. AN ORDINANCE TO AMEND PLAINFIELD CHARTER TOWNSHIP ORDINANCE NO. 612, TO PROVIDE FOR A SERVICE CHARGE IN LIEU OF TAXES FOR

More information