| 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: |
2/28/2017 |
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| Fund Name: |
General Fund |
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| REVENUES |
Current Year Budget ending 02/28/2017 |
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Percentage Change |
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Year 2 Budget ending 02/28/2018 |
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Assumptions |
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| Property Taxes |
156,395 |
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30 |
% |
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191,298 |
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Several Properties sold for higher SEV
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| Contributions from other units |
72,000 |
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(100) |
% |
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50,000 |
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| State Revenue Sharing |
96,900 |
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(0) |
% |
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100,000 |
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| Fines & Fees |
715.00 |
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(35) |
% |
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700 |
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| Licenses & Permits |
10,000 |
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(7) |
% |
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10,000 |
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| Interest and Rents |
54,130 |
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(560) |
% |
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46,875 |
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| Charges for Services |
20,500 |
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(1) |
% |
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20,500 |
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| Other Revenues |
55.00 |
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5 |
% |
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15,000 |
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| Total Revenues |
410,695 |
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434,373 |
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| EXPENDITURES |
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| General Government |
112,252 |
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45 |
% |
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129,698 |
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Labor and Material increases |
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| Police and Fire |
167,439 |
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42 |
% |
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168,021 |
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Labor increases |
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| Other Public Safety |
2,050 |
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17 |
% |
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4,855 |
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rental inspections required |
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| Other Public Works |
113,622 |
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(11) |
% |
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119,195 |
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| Community & Economic Development |
2,394 |
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68 |
% |
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3,165 |
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| Recreation & Culture |
8,435 |
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(1) |
% |
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5,465 |
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| Capital Outlay |
2,500 |
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(100) |
% |
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0.00 |
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| Other Expenditures |
17,460 |
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59 |
% |
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17,300 |
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| Total Expenditures |
426,152 |
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447,699 |
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| Net Revenues (Expenditures) |
(15,457) |
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(13,326) |
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| Beginning Fund Balance |
350,548 |
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335,091 |
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| Ending Fund Balance |
335,091 |
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321,765 |
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| Commentary: |
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