| Projected Budget Report |
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| Local Unit Name: |
Village of North Branch |
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| Local Unit Code: |
44-3060 |
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| Current Fiscal Year End Date: |
2/29/2020 |
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| Fund Name: |
General Fund |
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| REVENUES |
Current Year Budget ending 02/29/2020 |
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Percentage Change |
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Year 2 Budget ending 02/28/2021 |
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Assumptions |
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| Property Taxes |
206500 |
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2 |
% |
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210630 |
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Several Properties sold for higher SEV
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| Contributions from other units |
60000 |
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62 |
% |
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97200 |
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| State Revenue Sharing |
101,000 |
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2 |
% |
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103,020 |
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| Fines & Fees |
600 |
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1 |
% |
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603 |
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| Licenses & Permits |
10,000 |
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10 |
% |
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11,000 |
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| Interest and Rents |
45572 |
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2 |
% |
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46,483 |
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| Reimbursments/admin Fees |
20,500 |
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% |
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20,500 |
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| Allocations from FundBalance |
29,604 |
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% |
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| Total Revenues |
473,776 |
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489,436 |
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| EXPENDITURES |
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| General Government |
103,665 |
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5 |
% |
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108,848 |
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Labor and Material increases |
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| Police and Fire |
144,268 |
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2 |
% |
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147,153 |
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Labor increases |
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| Other Public Safety |
2,600 |
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% |
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2600 |
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| Other Public Works |
125,835 |
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2 |
% |
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128,352 |
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| Community & Economic Development |
7,895 |
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1 |
% |
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7974 |
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Vacany filled |
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| Recreation & Culture |
5,450 |
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2 |
% |
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5559 |
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% |
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| Other Expenditures |
84,063 |
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2 |
% |
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85,744 |
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Vendor Increases |
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| Total Expenditures |
473,776 |
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486,231 |
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| Net Revenues (Expenditures) |
0 |
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3205 |
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| Beginning Fund Balance |
473,67 |
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473657 |
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| Ending Fund Balance |
473,657 |
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476,863 |
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| Commentary: |
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On behalf of the residents of North Branch, welcome! We have made every effort to include as much useful information as possible in this website, but we are also available to assist and answer any questions you may have. Our contact information is also included. Being good neighbors IS our policy.