2007-2008 MARION, VIRGINIA BUDGET

 

 

      This brief synopsis of estimated expenses and revenues for Fiscal Year

2007-2008 for the Town of Marion, Virginia, is published in accordance with

Section 15.2-2506, Code of Virginia, as amended.  This synopsis is published

for informative and fiscal planning purposes only.  The inclusion in this

budget of any or all items does not obligate or commit the Town Council

to appropriate any funds for such items.  The proposed budget was prepared

and submitted to the Council as estimates in the amount of money deemed to be

needed during the ensuing year by each department.  A Public Hearing will be

held by the Town Council in the Municipal Building for informative purposes

only on the 4th day of June, 2007 at 7:00 P.M. at which time any citizen of

the Town of Marion shall have the right to attend and state their views.

                 

                                    By Order of Town of Marion Town Council

                                    John E. B. Clark, Jr.,  Town Manager

 

 

ESTIMATED REVENUES 2007-2008:             PROPOSED EXPENDITURES 2007-2008:

 

Real Estate/MH Taxes        361,650.      A.  Administration      $   551,943.  

Delinquent R/E Taxes          6,000.      B.  Audit Fees               15,000.

Personal Property Taxes     135,000.      C.  Auto/Motor Pool          69,204.

Delinquent P/P Taxes          3,000.      D.  Central Purchasing       72,814.

Public Service Taxes         14,000.      E.  Risk Management/Ins.    110,040.

Special Tax District         15,800.      F.  Police                  939,136.

Transfer from Water Escrow  107,369.      G.  Fire Department          68,974.

ABC Profits/Wine Tax         15,300.      H.  Rescue Service           28,000.

Utility Tax                 118,000.      I.  Technology (IT)          92,209.

Consumer License Tax         22,000.      J.  Engineer                 95,132.

Business License Tax        410,000.      K.  Public Works         1,328,142.

Franchise Tax                70,000.      L.  Refuse Disposal         152,329.

Motor Vehicle Tax            62,000.      M.  Dump Closure              3,000.

Bank Stock Tax              170,000.      N.  Debt Service            938,849.

Communications Tax          107,000.      O.  Transfer W&S Snk. Funds  50,000.

                                          P.  Recreation              238,960.     

Tobacco Tax                 160,000.      Q.  Planning & MRHA           5,000.

Sales Tax                   261,000.      R.  Community Development   343,356.

Lodging Tax                  83,000.      S.  Senior Citizen Center   120,835.

Meals Tax                   750,000.      T.  Cable TV                 11,660.

Permits/Fees/Licenses           300.      U.  Fringe Benefits       1,252,293.

Interest Savings/CD          81,500.      V.  Pool                     46,350.

Senior Citizens Center       14,500.      W.  Sewer Lines              10,500.

Cemetery Maintenance Fees     4,600.      X.  Sewage Treatment Plant  512,463.

Rec. Uniform/Equip/Fees      13,500.      Y.  Water Distribution      380,750.

Law Enforcement Funds/State 183,862.      Z.  Water Treatment Plant   302,989.

Highway Maint – State       943,170.      

Litter Control Funds/State    3,300. 

Fire Programs Fund/State.    15,400.       

Police Grants                16,000.   

VDOT Rev. Sharing/Paving     17,000.       TOTAL EXPENSES          $7,739,928.

Rolling Stock Tax/State       4,500.

Set-Off Debt                  4,500.

CDBG Planning Grant          45,000.

Court/Parking Fines          14,500.

Parking Lot Charges             720.      NOTE:

Garbage Revenues            281,250.

Sale/Lease Equipment/Prop    21,030.      This budget includes an increase in

Miscellaneous                10,500.      garbage collection fee from $8 to $10

Fire/Rec/Sr.-County Contr.   39,750.      per month.

Sewer Debt/County Portion    94,489.     

Pool                         32,000.     

Water & Sewer             2,565,438.

Smyth County Sewer          304,000.

STP O&M-County Portion      158,000.

 

TOTAL REVENUE             7,739,928.