PROPOSED BUDGET

JULY 1, 2016 – JUNE 30, 2017

GENERAL FUND

Estimated Revenues:

Taxes $1,420,598.85

Sanitation Service Fees $ 153,380.00

Fines $ 10,500.00

Intergovernmental Transfers $ 353,186.00

Miscellaneous $ 38,114.45

Interest Income $ 600.00

TOTAL ESTIMATED GENERAL FUND REVENUES $1,976,379.30

Estimated Expenditures:

General Administration $ 300,757.35

Streets/Sidewalks $ 145,680.62

Sanitation $ 169,955.39

Building & Grounds $ 252,619.34

Public Safety $ 543,889.01

Fire & Rescue $ 27,750.00

Non-Departmental $ 392,800.00

Debt Service $ 77,049.87

Contingency $ 65,877.73

TOTAL PROPOSED GENERAL FUND EXPENDITURES $1,976,379.30

WATER & SEWER FUND

Estimated Revenues:

Water Fees $ 517,667.00

Sewer Fees $ 712,800.00

Water Miscellaneous Charges $ 50,715.12

Sewer Miscellaneous Charges $ 17,650.00

Interest Income $ 140.00

TOTAL ESTIMATED WATER AND SEWER FUND REVENUES $1,298,972.12

Estimated Expenditures:

Water General Administration $ 65,106.88

Water Treatment and Storage $ 231,225.80

Water Line Maintenance $ 91,315.51

Sewer General Administration $ 59,829.78

Sewer Treatment $ 215,094.27

Sewer Line Maintenance $ 89,286.19

Lift Stations $ 49,700.00

Water Debt Service $ 134,474.26

Sewer Debt Service $ 264,894.70

Sewer Project Operations $ 16,000.00

Contingency $ 82,044.73

TOTAL ESTIMATED WATER AND SEWER EXPENDITURES $1,298,972.12

CEMETERY TRUST FUND

Estimated Revenues:

Interest Income $ 500

Perpetual Care $ 1,000

TOTAL ESTIMATED CEMETERY TRUST FUND REVENUES $ 1,500

Proposed Expenditures:

Interfund Transfers $ 500

Contingency $ 1,000

TOTAL PROPOSED CEMETERY TRUST FUND EXPENDITURES $ 1,500

SPECIAL REVENUE FUNDS

Estimated Revenues:

EDA Rental Income $ 66,000

Police Asset Forfeiture Interest Income $ 500

PAF Revenue from Other Governments $ 0

Veteran’s Memorial Donations $ 1,000

Veteran’s Memorial Interest Income $ 100

TOTAL ESTIMATED SPECIAL REVENUE FUND REVENUES $ 67,600

Estimated Expenditures:

Administration $ 26,265

EDA Debt Service $ 893

Contingency $ 40,442

TOTAL ESTIMATED SPECIAL REVENUE FUND EXPENDITURES $ 67,600

RATES

1.  REAL ESTATE TAX LEVY: There is no proposed increase to the real estate tax levy of $.28 per $100 of assessed value.

2. PERSONAL PROPERTY TAX LEVY: There is no proposed change in the personal property tax levy of $1.65 per $100 of assessed value.

3. MACHINERY & TOOLS TAX LEVY: There is no change in the machinery & tools tax levy of $.38 per $100 of assessed value.

4. BUSINESS LICENSE: There is no proposed increase in the business license tax levies.

5. UTILITY TAX: There is no proposed increase in the utility tax.

6. GARBAGE FEES: There is no proposed increase in the commercial and residential garbage fees.

7. MEALS TAX: There is no proposed increase in the meals tax.

8. LODGING TAX: There is no proposed increase in the lodging tax.

9. CEMETERY MAINTENANCE FEES: There is no proposed increase in the Cemetery Maintenance Fees.

10. WATER & SEWER FEES: There is a proposed increase of 10% in the sewer rate, but no proposed change in the water rate. The rates are as follows:

Water Rates

In Town: $60.00 for the first 6,000 gallons

$7.00 for each additional 1000 gallons

Out of Town: $119.50 for the first 6,000 gallons

$13.95 each additional 1000 gallons

Sewer Rates

In Town: from $78.75 to $86.65 for the first 10,000 gallons

From $11.83 to $13.00 each additional 1000 gallons

Out of Town: from $178.50 to $196.35 for the first 10,000 gallons

From $18.11 to $19.92 each additional 1000 gallons

11. WATER DEPOSITS: There is no proposed increase in the Water Deposit of $250.

BE IT ENACTED AND ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF CLARKSVILLE, VIRGINIA, that pursuant to Section 15.2-2506 of the Code of Virginia, the proposed budget for the fiscal year beginning July 1, 2016, and ending June 30, 2017, shown above shall be advertised for a period of one week in the newspaper.

BE IT FURTHER ORDAINED that a public hearing is duly established by Town Council to be held on Thursday, June 9th, 2016, at 7:00 p.m., in the Town Council Chambers at which time opportunity will be afforded to any interested citizen to be heard concerning this proposed budget.

Kevin S. Allgood, Mayor

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