4 - City of Oxford

97768 MLICIINWINTM
MINUTE BOOK No. 24, CITY OF OXFORD
Motion was made by Alderman Goolsby, seconded by Alderman by Alderman King and
passed unanimously to approve the 1969-1970 budget for the City of Oxford in
words and figures as follows:
BUDGET
CITY OF OXFORD, MISSISSIPPI
October 1, 1969 - September 30, 1970
RECEIPTS: GENERAL FUND WATER & SEWER FUND BOND & INTERETT
Sales Tax $260,000.00
Privilege License 10,000.00
Parking Meter Fines 2,800.00
Parking Meter Collections 10,500.00
Rents 10,920.00
Fines 28,000.00
Ad Valorem Tax 115,000.00 $267,980.00
Tax Penalties 3,100.00
Ad Valorem Maint. Tax-County 12,750.00
Municipal Aid From State 15,000.00
Building Permits 1,500.00
Budget Transfers 42,270.00
Tax Equivalent (Electric Dept.) 77,700.00
Interest on Investment 3,350.00 3,500.00
Income from Other Sources 20,000.00 $1,000.00
Income form Animal Control 1,000.00
2% Gross Revenue-Public Utility 4,800.00
Liquor Permits 9,450.00
Special Improvement Assessments 20,955.00
Water and Sewer Collections 275,600.00
Taps and Inspections 4,600.00
Absorbed from Sinkging Funds 22,950.00
Garbage Collection Fees 55,000.00
Totals $683,140.00 $281,200.00 $315,385.00
DISBURSEMENTS: ADMINISTRATION POLICE DEPARTMENT
Salary Expense
Labor & Wages
Materials 4 Supplies
Utilities
Maintenance & Repair
Gas & Oil
Professional Services
Municipal Aid to County
Purchase of Equipment
Equipment Rental
Legal Printing
Insurance and Bonds
Social Security & Retirement
Advertising
Miscellaneous
Contingencies
Bond Retirement
Bond Interest
Paying Agent Fees
Budget Transfers
$55,164.00
6,600.00
7,000.00
5,400.00
2,100.00
900.00
8,200.00
4,200.00
1,500.00
300.00
3,000.00
1,000.00
5,055.00
4,500.00
3,500.00
20,000.00
$101,460.00
8,200.00
4,400.00
1,250.00
6,900.00
5,500.00
3,700.00
4,500.00
25.00
3,000.00
9,840.00
60.00
1,100.00
200.00
Capital Improvements
Transfer to Bond Reserve Fund
3,000.00
Totals
$131,419.00 $150,135.00