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CITY OF RIVER BLUFF

ORDINANCE NO. 1, SERIES 2022-2023

AN ORDINANCE ADOPTING THE CITY OF RIVER BLUFF, KENTUCKY, ANNUAL BUDGET FOR THE FISCAL YEAR JULY 1, 2022 THROUGH JUNE 30, 2023, BY ESTIMATING REVENUES AND RESOURCES AND APPROPRIATING FUNDS FOR THE OPERATION OF CITY GOVERNMENT.

WHEREAS, an annual budget proposal and message has been prepared and delivered to the City Commission; and
WHEREAS, the City Commission has reviewed such budget proposal and made necessary modifications,

NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF RIVER BLUFF; SECTION 1: The annual budget for the fiscal year beginning July 1, 2022, and ending June 30, 2023, is hereby adopted as follows:

Resources Available

 General Fund

Road Fund

Drainage Fund

Fund Balance Carried Forward $ 181,464 $ 38,579 $ 43,672

Estimated Revenues:

Property Taxes

$ 59,690

$-

0

Insurance Surcharge Premiums

$ 75

$-

0

Interest

$ 75,000

$ 150

0

Licenses & Permits

$ 2,000

$-

0

Intergovernmental Revenues

$ 500

$ 7,000

49773

Total Estimated Revenues

$ 137,265

$ 7,150

$ 49,773

Total Resources Available

$ 318,729

$ 45,729

$ 93,445

Appropriations

General Government

$ 84,370

$-

$-

Sanitation

$ 22,428

$-

$-

Street Repair

$ 5,000

$-

$-

Drainage Repair

$ 20,000

$-

$ 80,000

Snow Removal

$ 10,000

$-

$-

Total Appropriations

$ 141,798

$-

$ 80,000

Excess of Resources over/under Appropriations

$ 176,931

$ 45,729

$ 13,445

FIRST READING: April 26, 2022
SECOND READING: May 24, 2022
ADOPTED: 24th day of May, 2022

CITY OF RIVER BLUFF

___________________________________________
Bryan J. Dillon, Mayor

 

___________________________________________
ATTEST:Katie Buhts, City Clerk

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