Inlet starts work on 2020 budget
Inlet starts work on 2020 budget
By PETE KLEIN
INLET—The Inlet Town Board has had its first look at its 2020 budget and will be holding budget workshops on it before voting to approve a final budget in November. What follows is as Sept. 24 and is not the final budget but is only where the work starts.
Budget figures available from the 2019 budget are shown in (parentheses).
In the GENERAL FUND, appropriations are $1,970,004 ($1,904,035), less estimated revenues of $337,650 ($339,650), minus unexpended balance of $90,000 ($90,000) leaves $to be raised through taxes.
In the HIGHWAY FUND, appropriations are $567,685 ($550,487) less estimated revenues of $197,260 ($201,298), minus unexpended balance of $15,000 leaves $355,425 to be raised through taxes.
The FIRE DISTRICT shows appropriations of $127,200 ($124,696) and is equal to the taxes to be raised.
The current estimated Tax Rate for all funds is currently at $6.63. Last year it was $6.49
Inlet starts work on 2020 budget
By PETE KLEIN
INLET—The Inlet Town Board has had its first look at its 2020 budget and will be holding budget workshops on it before voting to approve a final budget in November. What follows is as Sept. 24 and is not the final budget but is only where the work starts.
Budget figures available from the 2019 budget are shown in (parentheses).
In the GENERAL FUND, appropriations are $1,970,004 ($1,904,035), less estimated revenues of $337,650 ($339,650), minus unexpended balance of $90,000 ($90,000) leaves $to be raised through taxes.
In the HIGHWAY FUND, appropriations are $567,685 ($550,487) less estimated revenues of $197,260 ($201,298), minus unexpended balance of $15,000 leaves $355,425 to be raised through taxes.
The FIRE DISTRICT shows appropriations of $127,200 ($124,696) and is equal to the taxes to be raised.
The current estimated Tax Rate for all funds is currently at $6.63. Last year it was $6.49
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