the municipal secretary desktop reference manual - Southwestern ...

Other items in the budget are comparable to those in the 1995 budget, with slight increases due
to inflation.
To further enhance the recent improvements to the Community Park, funding has been
allocated to begin fencing the third ballfield. A commemorative marker, touting the contribution
of the Park to the development of our municipality, has been acquired through the County
Historical Foundation. Plans are being made to suitably landscape the base of the marker.
(Details on a dedication ceremony will be announced in the early spring.)
After projecting the 1996 receipts, based upon reasonable expectations, we anticipate
total receipts of $269,000. Revenue calculations are based on the current 4 mill real estate tax
levy with 3 mills for general fund purposes and the additional mill continuing to be allocated to
the Emergency Services Board for distribution to the Fire Department. We project a total of
$108,000 in income tax receipts for 1996, and with our strategic investment practices, we
anticipate $6,000 in interest income. The remainder needed to meet our expenditures of
$304,000 will come from a $35,000 surplus expected at the close of 1995. The Board pledges to
maintain its current standard of road maintenance and community service in 1996, without the
need to increase the tax burden on property owners.
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