Finance
Approved Budget
General Fund
July 1, 2025– June 30, 2026
| Estimated Revenues | |
|---|---|
| Taxes | $ 2,532,028.46 |
| Sanitation Service Fees | $164,353.80 |
| Fines | $ 26,500.00 |
| Intergovernmental Transfers | $595,387.53 |
| Miscellaneous | $ 575,478.84 |
| ARPA Reserve | $329,866.09 |
| Interest Income | $135,000.00 |
| Total Estimated General Fund Revenues | $ 4,358,614.72 |
| Estimated Expenditures | |
|---|---|
| General Administration | $855,981.53 |
| Streets/Sidewalks | $260,196.45 |
| Sanitation | $569,732.03 |
| Building & Grounds | $424,398.95 |
| Public Safety | $944,588.59 |
| Fire & Rescue | $132,700.00 |
| Non-Departmental | $ 966,575.00 |
| Debt Service | $73,788.00 |
| Contingency | $130,654.17 |
| Total Proposed General Fund Expenditures | $4,358,614.72 |
Special Revenue Funds
| Estimated Revenues | |
|---|---|
| Revenue Sharing – VLCP | $ 2,867 |
| The Royster Lease | $ 238,513 |
| From Reserve Funds | $ 858,333 |
| Interest Revenue | $ 110,000 |
| Police Asset Forf. Interest Income | $ 500 |
| PAF Revenue from Other Govts. | $ 0 |
| Veteran's Memorial Donations | $ 1,000 |
| Veteran's Memorial Interest Income | $ 100 |
| Total Estimated Special Revenue Fund Revenues | $ 1,211,313 |
| Estimated Expenditures | |
|---|---|
| Administration | $ 1,210,213 |
| Contingency | $1,100 |
| Total Estimated Special Revenue Fund Expenditures | $ 1,211,313 |
Water and Sewer Fund
| Estimated Revenues | |
|---|---|
| Water Fees | $770,167.31 |
| Sewer Fees | $959,864.09 |
| Water Miscellaneous Charges | $311,436.52 |
| Sewer Miscellaneous Charges | $ 755,902.75 |
| Interest Income | $ 44,000.00 |
| Total Estimated Water And Sewer Fund Revenues | $ 2,841,370.67 |
| Estimated Expenditures | |
|---|---|
| Water General Administration | $ 103,866.55 |
| Water Treatment and Storage | $ 532,067,.62 |
| Water Line Maintenance | $ 162,361.71 |
| Sewer General Administration | $ 104,160.54 |
| Sewer Treatment | $ 404,101.93 |
| Sewer Line Maintenance | $ 174,473.32 |
| Lift Stations | $ 100,500.00 |
| Water Debt Service | $205,916.62 |
| Sewer Debt Service | $ 234,859.36 |
| Water Project Operations | $ 35,000.00 |
| Sewer Project Operations | $ 643,552.75 |
| Contingency | $ 140,510.27 |
| Total Estimated Water and Sewer Expenditures | $ 2,841,370.67 |
Cemetery Trust Fund
| Estimated Revenues | |
|---|---|
| Interest Income | $500 |
| Perpetual Care | $ 1,000 |
| Total Estimated Cemetery Trust Fund Revenues | $ 1,500 |
| Proposed Expenditures | |
|---|---|
| Inter-fund Transfers | $500 |
| Contingency | $ 1,000 |
| Total Estimated Cemetery Trust Fund Expenditures | $ 1,500 |