Projected Budget Report for State
Projected Budget Report | ||||||||||
Local Unit Name: | Village of North Branch | |||||||||
Local Unit Code: | 44-3060 | |||||||||
Current Fiscal Year End Date: | 2/28/2023 | |||||||||
Fund Name: | General Fund | |||||||||
REVENUES | Current Year Budget ending 02/28/2021 | Percentage Change | Year 2 Budget ending 02/28/2022 | Assumptions | ||||||
Reimbursements/Admin Fees | 20,800 | 20,800 | ||||||||
Property Taxes | 200,000 | 2 | % | 204,000 | Inflation Increase |
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Other Taxes | 24,000 | 2 | % | 24,480 | ||||||
State Revenue Sharing | 105,000 | 1 | % | 106,050 | small Increase per population | |||||
Liquor License Revenue | 800 | % | 800 | |||||||
Reimbursements from other Funds | 62,000 | % | 62,000 | Contributions from DDA | ||||||
Interest Income and Rents | 54,175 | 2 | % | 55,259 | Interest Increases | |||||
Reimbursements from NB SCHOOLS | 38,000 | 2 | % | 38,760 | Contracted Increases | |||||
Other Revenues | 21,200 | % | 21,200 | |||||||
Allocations from Fund Balance | 81,251 | 81,251 | ||||||||
Total Revenues | 607,226 | 614,600 | ||||||||
EXPENDITURES | ||||||||||
Capital Outlay | 45,000 | (19) | 36,450 | |||||||
Audit | 6,100 | 1 | 6,200 | Contracted Increase | ||||||
General Government | 119,445 | 3 | % | 123,028 | Wage Increases | |||||
Police and Fire | 168,814 | 3 |
% | 173,878 | Wage increases | |||||
Other Public Safety | 2,550 | % | 2,550 | |||||||
Other Public Works | 175,015 | 3 | % | 180,265 | Wage Increases & Materials | |||||
Community & Economic Development | 3,762 | % | 3,762 | |||||||
Recreation & Culture | 6,690 | % | 6,690 |
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Legal | 9,000 | 12 | % | 10,080 | Attorney Fees | |||||
Other Expenditures | 37,350 | 2 | % | 37,350 | ||||||
Street Lighting | 33,500 | 2 | 34,170 | |||||||
Total Expenditures | 607,226 | 614,424 | ||||||||
Net Revenues (Expenditures) | 0 | 175 | ||||||||
Beginning Fund Balance | ||||||||||
Ending Fund Balance | ||||||||||
Commentary: | ||||||||||