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| FTM file. |
On Tuesday, we published our podcast interview with Councilman Adam Meier regarding the proposed budget in Fort Thomas for 2015-2016. You can listen to that interview here.
For the visual learner, here are some of the figures we discussed on FTMRadio. There are multiple funds or “buckets of money,” such as the municipal road aid fund, the Tower Park fund, etc. For ease of understand, we will publish the “General Fund” here.
Estimated Carry-Over Balance:
$10,135,549
REVENUES
Taxes
$5,142,000
Licenses/Permits
$4,769,000
Fines/Penalties
$64,000
Investment Income
$199,062
State/Federal Reimbursement Revenue
$248,000
Current Services
$566,500
Projected Assessments
$84,861
TOTAL REVENUES
$11,343,243
TOTAL AVAILABLE FUNDS
$21,478,792
EXPENDITURES
General Administration
$1,257,348
Police
$3,225,327
Fire
$2,828,234
Recreation
$626,202
Transfer Funds
$705,348
TOTAL EXPENDITURES
$11,016,783
ESTIMATED SURPLUS
$10,462,009
