MAYOR AND TOWN COUNCIL
TOWN OF FOREST HEIGHTS
RESOLUTION 8-04
INTRODUCED BY: Ways and Means Committee
ENACTED:
A resolution to appropriate sums and amounts for the Fiscal Year beginning July 1, 2004 and ending June 30, 2005.
Section 1. The general purpose of the Resolution is to appropriate sums and amounts for the 2004-2005 Budget of the Town of Forest Heights, Maryland in the following areas of the General Fund:
Section 2. BE IT RESOLVED by the Mayor and Town Council of the Town of Forest Heights, Maryland that the sums and amounts are hereby appropriated for the Fiscal Year beginning July 1, 2004 and ending June 30, 2005, to defray expenses and operations costs for the Town of Forest Heights as follows:
REVENUES |
|
|
|
GENERAL FUND REVENUES |
|
|
$780,143 |
Town Real Estate Taxes 1/ |
|
$499,752 |
|
Income Taxes |
|
$146,000 |
|
Other Taxes |
|
$ 20,975 |
|
SPECIAL & GRANT REVENUE FUND |
|
|
$845,409 |
Bond Issuance (Initial Draw) 2/ |
|
$500,000 |
|
State Highway User Funds |
|
$ 90,720 |
|
CDBG Grant |
|
$ 85,456 |
|
Livable Communities Grant |
|
$ 23,108 |
|
Historic Preservation Grant |
|
$ 20,000 |
|
Roof Replacement Grant |
|
$100,000 |
|
Electrical System Grant |
|
$ 25,000 |
|
GOCCP Grant (Crime Prevention) |
|
$ 1,125 |
|
TOTAL REVENUES |
|
|
$1,625,552 |
|
|
|
|
EXPENDITURES |
|
|
|
GOVERNMENT ADMINISTRATION |
[2 FT, 2 PT] |
|
$342,614 |
Elected & Appointed Officials 3/ |
|
$184,486 |
|
General Administration 4/ 5/ |
|
|
|
POLICE DEPARTMENT 6/ |
[5 FT] |
|
$228,080 |
PUBLIC WORKS DEPARTMENT 7/ 8/ (street repair/general) |
[3 FT, 1 PT] |
|
$645,555 |
HEALTH & SANITATION 9/ |
|
|
$153,490 |
MUNICIPAL BUILDING IMPROVEMENTS 10/ |
|
|
$125,000 |
Roof Replacement |
|
$100,000 |
|
Replacement of Electrical System |
|
$ 25,000 |
|
OTHER EXPENSES |
|
|
$ 2,250 |
TOTAL GENERAL FUND EXPENDITURES |
|
|
$1,496,988 |
CDBG, LIVABLE COMMUNITIES AND HISTORIC PRESERVATION EXPENDITURES 11/ ($85,456, $23,108 and $20,000 respectively) |
|
|
$128,564 |
TOTAL EXPENDITURES |
|
|
$1,625,552 |
Note: Numbers is square brackets [ ] reflect authorized positions.
AND BE IT FURTHER RESOLVED, that this Resolution shall take effect July 1, 2004.
PASSED THIS 16th day of June 2004.
Paula R. Noble, Mayor
Carmelita Smith-Barnes, Council President
ATTEST: Bonita Anderson, Town Clerk
Notes:
1/ Rate is 0.466 per $100 of assessed value.
2/ Reflects $500,000 from bond sale for street repair project.
3/ Includes Summer Youth Employment Program ($2,520)
4/ Includes Community Room Upgrade ($3,000) and furnace replacement ($4,760)
5/ 5Includes mandated employee benefits of $122,168
6/ Includes purchase of 2 vehicles, on a multi-year (3-year) contract
7/ Includes $500,000 for street repair project, contingent upon approval of bond approval. Also dependent upon hiring of engineer to update the 2001 street repair study.
8/ Includes purchase of 1 vehicle, on a multi-year (3-year) contract. Expenditures covered in part by State Highway Administration revenue, which is restricted.
9/ Includes Trash Collection ($153,490), and Other ($500)
10/ Expenditure of these funds is contingent upon receiving a grant to carry out these activities. Also contingent upon hiring an engineer to conduct study of roof and electrical system.
11/ Includes restricted revenues of $85,456 remaining to be expended from the CDBG Grant, $23,108 to be expended from the Livable Communities Grant, and $90,720 from the State Highway User Revenue Fund.