The Alexander City Council approved a budget for 2019 totaling an
estimated $1,623,115.00 in revenue for the general fund. Of that,
$880,510.00 of sales tax revenue is transferred to the police, fire
and parks departments leaving the general fund with $742,605.00. The
budget was approved during the council’s December 17 meeting and
goes into effect January 1, 2019.
Not quite half of
the general fund’s revenue, $315,083.00, goes towards the salaries
of city hall employees, elected officials and two retirement funds
for all city employees. The amount for the retirement funds is
$144,523.00. Also in the amount for salaries is $9,600.00 for the
pension of former Mayor Shirley Johnson. There is a projected surplus
for the general fund of $154,764.01.
Total expected
revenue for the police department is $368,367.00. Most of that will
come from the department’s share of a city one-cent sales tax
totaling an estimated $285,225.00.
Expenses in the
department are estimated at $349,296.00, Of that, $290,680.00 is for
the salaries of eight officers (which includes the chief and
assistant chief). There is an estimated surplus of $19,071.00.
Revenue for the fire
department in 2019 is estimated at $548,691.00. Of that $495,290.00
will be generated by a one-cent city sales tax plus the department’s
share of a second one-cent sales tax.
Expenses are
estimated at $$548,325.00. The total amount for expenses includes
salaries for ten firefighters (which includes the fire chief,
assistant fire chief, etc.) estimated at $359,658.00. There is an
estimated surplus of $366.00.
The parks department
is expected to receive an estimated $134,854.00 in revenue for 2019.
The department’s share of a city one-cent sales tax is expected to
be at least $100,000.00. Besides revenue from park rental fees,
another $26,254.00 will be transferred from the general fund to the
park fund to repay an illegal transfer of funds, which occurred in
2014 during the Michelle Hobbs administration.
Expenses are
estimated at $106,705.00. A salary of $33,800.00 has been set for the
department’s only employee. There is an expected surplus of
$28,149.00.
The street
department is nearly totally funded by the city’s share of the
state fuel tax, which is estimated to be $215,000.00 in 2019. After
including property tax revenue from Pulaski and Saline counties and
interest on income, the estimated revenue for the street department
is $241,501.00.
Total expenses are
expected to be $238,446.00, which includes $101,400.00 in salaries
for the superintendent and two employees. There is an estimated
surplus of $3,055.00.
The one dollar
amount missing from the budget is the remaining carryover of unspent
dollars left in the various department bank accounts. Those numbers
won’t be known until the last bank statements for 2018 are posted.
That means the 2018 budget could go through one more update either in
January or February.
The next regular
meeting of the Alexander City Council will be held on Monday, January
21, 2019 at 6 PM in the courtroom at city hall. The public is invited
to attend.