Notice of Public Hearing – Budget 2024

TOWN OF STUBBS 
NOTICE OF PUBLIC HEARING
Proposed Budget for 2024
December 11, 2023 5:45pm at the Town Hall
         
  2023 2023 2024 % Change 
  Current & Estimated Current Budget Proposed Budget from 2023
REVENUES        
Taxes $3,214.00 $2,600.00 $3,214.00 23.62%
Intergovernmental $272,758.00 $186,858.00 $244,197.00 30.69%
Licenses & Permits $1,001.00 $780.00 $930.00 19.23%
Public Charges $257,828.00 $164,070.00 $255,550.00 55.76%
Intergovernmental Chgs $2,815.00 $1,200.00 $2,880.00 140.00%
Misc. $6,422.00 $1,800.00 $3,000.00 66.67%
TOTAL REVENUE $544,038.00 $357,308.00 $509,771.00 206.67%
         
Jan 1 cash balance     $139,998.00  
TOTAL REVENUE  + Cash     $649,769.00  
         
         
EXPENDITURES        
General Govt $60,203.00 $52,000.00 $60,100.00  
Public Safety $37,275.00 $37,000.00 $41,290.00  
Public Works $462,652.00 $450,000.00 $415,152.00  
Health & Human Svcs $2,420.00 $2,550.00 $2,500.00  
Culture, Rec & Edu $20,502.00 $21,100.00 $21,100.00  
Consrv & Developmnt $5,000.00 $2,500.00 $2,500.00  
Capital Outlay $74,937.00 $75,000.00 $0.00  
Debt Service $0.00 $0.00 $0.00  
Other $0.00 $0.00 $0.00  
TOTAL EXPENDITURES $662,989.00 $640,150.00 $542,642.00 -15.23%
         
Projected Bal on 12/31     $107,127.00  
         
Reserve for ARPA     $27,126.68  
Reserve for Highway Equp     $30,000.00  
Surplus     $50,000.00  
         
Current Debt $0.00      
  All monies are held in the General Fund    
  All reserves are held in the checking/savings accts.  
If you would like more details, you may contact the Town Clerk at 715-864-0560