WHERE DOES OUR GENERAL GOVERNMENT FUNDING COME FROM?
The General Fund Budget for 2012-2013 is $1,689,298 with the majority of the revenue coming from Occupational License Fees, Insurance Premium taxes, Sanitation Fees and Property taxes. In addition, there were funds totaling $897,473 from the previous year carried forward making the total funds available for operation of the general government $2,586,771.
HOW IS THIS FUNDING ALLOCATED?
The General Government budgeted expenditures for 2012-2013 total $1,953,874.
| REVENUE SOURCES |
|
|
|
EXPENSE BY DEPT |
|
Occupational Licenses Fees
|
34% |
|
|
Administration
|
|
Insurance Premiums Tax
|
16%
|
|
16% |
|
$142,742 |
Sanitation Fees
|
15%
|
|
8% |
|
$531,360 |
Grant Funds
|
6%
|
|
6% |
|
$558,988 |
Real and Personal Taxes
|
11%
|
|
5% |
|
$ 68,028 |
Utility and Bank Franchise fees
|
5%
|
|
4% |
|
$ 84,750 |
Municipal Road Aid
|
5%
|
|
10% |
|
$ 82,484 |
Police Incentive/Fees
|
2%
|
Operation and Maintenance
|
3% |
|
|
Other
|
6%
|
Property Insurance/Workers Comp
|
3% |
|
|
| |
|
Operating Supplies/ Miscellaneous |
3% |
|
|
| |
|
Motor Fuel |
4% |
|
|
| |
|
Economic Development/Chamber |
2% |
|
|
| |
|
Professional Fees |
2% |
|
|
| |
|
Parks |
2% |
|
|
| |
|
Planning/Zoning
|
2% |
|
|
The City of Flemingsburg also has a Utility System and provides water, sewer, and natural gas to over 1500 customers. The Utilities budget for 2012-2013 is $2,468,637. Carry forward and cash reserve funds for the previous year were $863,450. In addition, grant funds totaling $14,572,873 have been awarded for construction of a new waste water treatment plant, water plant improvements, water line and sewer projects, and the Ewing school sewer project.
| REVENUE SOURCES |
|
EXPENDITURES |
|
EXPENSE BY DEPT . |
|
| Natural Gas Fees |
6% |
Natural Gas Purchases |
3% |
Administration |
$69,385 |
| Water Fees |
4% |
Water Purchases |
1% |
Water Dept. |
$3,780,755 |
| Sewer Fees |
4% |
Construction Projects |
86% |
Sewer Dept. |
$12,490,726 |
| Grant Funds |
85% |
Salaries |
3% |
Gas Dept. |
$747,264 |
| other |
1% |
Benefits |
1% |
|
|
| |
|
Utilities |
1% |
|
|
| |
|
Debt Service |
2% |
|
|
| |
|
Capital Expenditures |
2% |
|
|
| |
|
Other |
1% |
|
|
|