2002 028 Ordinance - Laserfiche WebLink

Home Browse Search

- Cohunn 1 . Reptesents the minimum detail zequired. All departments within each lina item wilTbe combined. Refer w Appendix 1 for types of revenue that aze included within each llne item. Refer w Appendix 2 for types of acpanditures to be includod within each pmgram. -- Columne 2 and 3 Should contain inforraation on the last iwo complete fiscel years. Fot example, if you are preparing the budget far 1989, columa 2 would include 1986 infonnation end column 3 would 9nclude 1987 infoanation. - Column 4 Contains the current fiscal year's informadan. A pordon of the amounts shown will be actuml and the remainder wM represent esrimates for the balance of the year. A possible method of deteanitung the amounts withia this oolumn 9s to review the last amended certificate of estimated resources and the appropriation ordinance. If the amounts are in line with your current estimates, these amounts may be used. - Column 5 Represenb the upcoming year. Revenue - Use the information in colwnns 2, 3, and 4 far historical pucposes to develop estimated revenues. 7f addidonal help is needed to determine revenue, conta,ct the county auditar (for local govemment, property taaes, etc.) or a person who would have knowledge of any grent (or aid) that tha municipality will receiva If a new service (water. sewer, electric, etc.) is to be provided in the following year, initial proposals made by the enginceis may be apprapriate. Do not include any additional tax levies that are to be placed on the ballot Expenditure - Use the information in colunu?s 2. 3, and 4 for historical purposes to develop estimated expendidaaa. Additional sources of mformation would be your department supervisors on possible incteases of expenditures due to repair or obsolescence of equipment, increased cost of supplies, etc. If a tax levy is proposed to beplaced on the ballot, include any anticipated expeaditures to be paid from the proceeds of that levy. Possible items to be included are purchases of equipment (fire trucks, backhoes, ete.), constiuction, inereases in expenditiues due tp new secvices to be provided to the public (water distribution, zoning, etc.), hi:ing of additional pezsonn,el, wiion negotiations, etc. Definidons of the following line items are: - Revenues Over (Under) Expenditures-The difference between Total Revenues less Total Expenditures. + Total Revenues Total ftenditures = Revenue Over (Under) Expenditures Beginning Unencumbered Fund Balance - Far the histozical yeazs (columns 2 and 3) the actual cash balance at the er?d of the prior year should be used For the proposed current year and following year (columns 4 and 5) the equation would be- Cash Balance within the fund less Outstat?ding Encumbrances (outstanding purchasa orders) against the fund balance. + Cash Balance - Outstandine, Encumbtancas = Begiru?ing Unencumbered Fund Balance Ending Cash Fund Balance - For the historical years (columns 2 and 3) the actual ending cash balance of that yeaz should be used. For the proposed current year and following year (colwtw,s 4 and 5) the equadon would be - Revenues Over ([Tnder) Expenditures plus the Begiiming Unencumbered Fund Balance. + Revenues Over (Under) Expenditures + Be rming Unencumbered Fund Balance = Bnding Cash Fund Balance (B)