4 - City of Oxford

97768--wrommiqmom
MINUTE BOOK No. 24, CITY OF OXFORD
RECESS, RECESS, RECESS, RECESS REGULAR MEETING 7:30 P. M. JULY 31, 1969
Pursuant to a recess order on July 15, 1969 at 8:00 p. m., the Mayor and Board
of Aldermen met on July 31, 1969 at 7:30 p. m. in the Mayor and Board of Aldermen's
Chamber in City Hall when and where the following were present:
Richard W. Elliott, Mayor - Presiding
Bill A. Hannaford - Alderman At Large
J. P. McLaurin, Jr. - Alderman Ward One
J. C. Goolsby - Alderman Ward Three
James N. King - Alderman Ward Four
Hugh C. Wiley, Jr. - City Clerk
Thomas R. Ethridge - City Attorney
John R. Smith - City Engineer
After the meeting was called to order, the following business was transacted:
It appearing to the Mayor and Board of Aldermen that there is a deficit
in a number of items provided for in the General Fund and the Water and Sewer
Fund Budget of the fiscal year 1968-69;
And it is further appearing to the Mayor and Board of Aldermen that there
are funds in the treasury of the municipality or will be funds coming into the
treasury during the fiscal year, not appropriated by the budget.
And it is further appearing to the Mayor and Board of Aldermen that the
budget of the City of Oxford, Mississippi should be revised so as to provide
for the orderly operation of the municipality.
IT IS THEREFORE, upon motion of Alderman McLaurin, seconded by Alderman
Hannaford, ordered that the General Fund and the Water and Sewer Fund Budget
of the City of Oxford, Mississippi, be, and the same hereby is revised so as
to read in words and figures as follows, to-wit:
RECEIPTS:
BUDGET
CITY OF OXFORD, MISSISSIPPI
October 1, 1968 - September 30, 1969
Sales Tax $244,000.00
Privilege License 10,000.00
Parking Meter Fines 2,650.00
Parking Meter Collections 10,500.00
Rents 14,000.00
Fines 27,500.00
Advalorem Taxes 71,500.00
Tax Penalties 3,100.00
Advalorem Maint. Tax-County 11,000.00
Municipal Aid From State 16,380.00
Building Permits 1,450.00
Transfer From Water & Sewer Fund 41,445.00
Tax Equivalent - Elec. Dept. 95,000.00
Interest on Investment - Light Plant 3,350.00
Water and Sewer Collections
'Taps and Inspections
Income From Other Sources 29,720.00
2% Gross Revenue-Public Utility 4,885.00
Income From Animal Control 1,100.00
Liquor Permits 9,225.00
TOTALS $598,555.00
GENERAL FUND WATER & SEWER FUND
$256,415.00
4,585.00
11,500.00
$272,500.00