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No Tax Increase With City’s ‘Repeat’ Budget

Mayor Larry Hart goes over the purposed City budget with Aldermen at their meeting Tuesday, Aug. 2.


By Jack Gurner
Reporter


WATER VALLEY – The proposed City budget for the upcoming fiscal year is going to be basically a repeat of this past year’s.

There will also be no increase in the millage rate, which remains at 37 mills.

“It’s pretty much the same operating budget we had last year,” Mayor Larry Hart told Aldermen as he went over the figures at the August first Tuesday meeting.   

Hart said that expenses for general government were “down just a tad” and police were “up just a tad.” The $800,000 police budget includes about $100,000 for electricity for streetlights and traffic signals.

The fire department is about the same as is parks and cemeteries and health and sanitation (garbage collection). The Mayor noted a slight increase in the street department, “hoping that we might be able to buy a little more asphalt.”

The total general expenditure is $2.7 million against a revenue of $2.9 million, Hart said. “That’s a pretty comfortable situation for us to be in,” he added. “Of course that’s a budget. That’s what we’re projecting will happen.”

Hart pointed to the final page, the water and sewer department budget worksheet, and commented on high costs associated with Environmental Protection Agency rules. “The EPA is eating us alive with new regulations,” he said.

At the end of the presentation Alderman Larry Bell asked about the $100,000 for electricity in the police department budget. Hart explained that lighting city streets at night was considered a public safety issue.

Among other actions at the Aug. 2 meeting, the Board of Aldermen:

• Heard a report from Main Street Association Director Mickey Howley who updated Aldermen on the status of the application for the National Register of Historic Places.

Howley also informed the Board of the upcoming downtown art crawl schedule for October 7. The event, sponsored by the Water Valley Arts Council, is in its third year.

“Events like this art crawl and the art school, Imagination Station, and the galleries for a town of our size have caught the attention of the Mississippi Development Authority and the Mississippi Arts Commission,” he said.

Water Valley has been invited to make a presentation at the Creative Economy Summit sponsored by the two organizations on Aug. 10.

Howley also spoke about a reporter from the Commercial Appeal who is in the process of writing about the eight relatively new businesses owned by young women on Main Street. “She’s writing what I think is a very positive article about Water Valley.”

He ended his report by inviting Aldermen to the WVMSA annual meeting Oct. 20. The public is also welcome.

• Approved two grant application resolutions; one for the Small Municipalities Grant program and the other for Appalachian Regional Commission grants.

• Adjourned after meeting for just under 14 minutes. Present at the session were Mayor Hart and Aldermen Bell, Bobby Cox, Donald Gray, Phillip Tallant and City Clerk Vivian Snider. Board Attorney John Crow joined the meeting in progress.

The next regular meeting of the Board is scheduled for Sept. 6 in the boardroom at city hall.


——————– NOTICE OF PROPOSED BUDGET AND PUBLIC HEARING ——————–

 

The City of Water Valley has prepared its 2011-2012 proposed budget. The anticipated millage rate will remain the same at 37.00 mills.

All concerned citizens are invited to attend a public hearing on the proposed 2011-2012 budget to be held in the board room of City Hall in the City of Water Valley, Mississippi on Tuesday, September 6, 2011, 6:30 p.m., at City Hall, 101 Blackmur Drive, Water Valley, Mississippi.

A final decision on the proposed 2011-2012 budget will be made on Wednesday, September 15, 2011, at 9 a.m. at City Hall, Water Valley, Mississippi.

MUNICIPAL BUDGET
PROPOSED BUDGET OF ESTIMATED REVENUES AND
EXPENDITURES FOR FISCAL YEAR ENDING
SEPTEMBER 30, 2009

GENERAL FUND REVENUES          BUDGET AMOUNTS
LICENSE AND PERMITS            $12,000
FEDERAL PAYMENTS IN LIEU OF TAX    $22,000
STATE SHARED REVENUE        $470,000
GRANTS FROM LOCAL REVENUE    $34,000
CHARGE FOR SERVICE            $327,700
FRANCHISE                $79,000
FINES AND FORFEITURES        $95,000
OTHER REVENUES            $906,500

TOTAL FROM ALL SOURCES OTHER
THAN TAXATION            $1,946,200
                            BALANCE AT BEGINNING OF YEAR    
                    $367,644

TOTAL REVENUES FROM SOURCES
OTHER THAN TAXATION                                    $2,313,844

AMOUNT TO BE
RAISED BY TAX LEVY            $617,252

TOTAL AVAILABLE CASH AND ANTICIPATED
REVENUE FROM ALL SOURCES        $2,931,096

GENERAL FUND EXPENDITURES

ADMINISTRATION            $403,000
PUBLIC SAFETY            $1,209,400
PUBLIC WORKS, STREET        $634,500
HEALTH AND SANITATION        $280,900
PARKS AND RECREATION        $182,200

TOTAL GENERAL  FUND EXPENDITURES              $2,710,000

BALANCE AT END OF YEAR        $221,096

TOTAL GENERAL FUND EXPENDITURES
AND YEAR END BALANCE                                    $2,931,096

LIBRARY REVENUE

TRANSFER FROM OTHER FUNDS    $0
TRANSFER FROM GENERAL         $27,000
INTEREST                216
TAX COLLECTIONS            $45,917
BALANCE AT BEGINNING OF YEAR    $0

TOTAL REVENUE ALL SOURCES          $73,133

LIBRARY EXPENDITURES

PERSONNEL SERVICES                          $73,133

SPECIAL FUND

REVENUE FROM ALL SOURCES        $722,136

TOTAL EXPENDITURES AND YEAR
END BALANCE                $722,136

SPORTS COMPLEX
REVENUE FROM ALL SOURCES        $21,100

TOTAL EXPENDITURES AND YEAR
END BALANCE                $21,100

ENTERPRISE FUND
WATER AND SEWER REVENUE

INTEREST                $2,000
CHARGES FOR CURRENT SERVICE       $850,000
BALANCE AT BEGINNING OF YEAR            $124,690

TOTAL ALL SOURCES              $976,690                                                 

EXPENDITURES

TRANSFERS TO OTHER FUNDS        $850,000
BALANCE AT END OF YEAR                $126,690

TOTAL EXPENDITURES AND YEAR
END BALANCE                    $976,690

WATER AND SEWER
OPERATION AND MAINTENANCE REVENUES

TRANSFERS FROM REVENUE FUND    $850,000
BALANCE AT BEGINNING OF YEAR    $59,000
TOTAL FROM ALL SOURCES        $909,000

EXPENDITURES

TOTAL EXPENDITURES            $909,000
END BALANCE

WATER AND SEWER
CONSTRUCTION REVENUES

BALANCE AT THE BEGINNING OF YEAR    $201,826
INTEREST                $1,800
TRANSFER FROM REVENUE FUND    $18,000

TOTAL FROM ALL SOURCES        $221,626

EXPENDITURES
CAPITAL OUTLAY            $221,626
TOTAL EXPENDITURES            $221,626

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