Thursday, July 26, 2018

Lawrenceburg leaders approve new budget

Lawrenceburg Now

Lawrenceburg leaders approved a budget ordinance for the new fiscal year during their regularly-scheduled meeting that was held Thursday morning.

The budget is based on the same property tax rate as last year of $1.436 per $100 of assessed value.

An overview of the city’s 2018-19 budget ordinance is as follows:

Anticipated Revenues
General Fund                                      $16,449,181
Sanitation Fund                                  $2,206,912
State Street Aid Fund                         $789,563
Drug Fund                                          $110,644
Mimosa Cemetery Fund                     $66,663
Disaster Fund                                      $190,236
Capital Projects Fund                         $407,500
Total Anticipated Revenues               $20,220,699

Anticipated Expenditures
General Fund                                      $13,430,013
Sanitation Fund                                  $1,579,561
State Street Aid Fund                         $575,000
Drug Fund                                          $27,700
Mimosa Cemetery Fund                     $2,000
Disaster Fund                                      $150,000
Capital Projects Fund                         $407,500
Total Anticipated Expenditures          $16,171,774

 

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