Silverhill Town Council passes $2 million budget

By John Underwood / john@gulfcoastmedia.com
Posted 10/23/18

SILVERHILL, Alabama — The Town of Silverhill will be operating with a more than $14,000 surplus for 2018-19 after the Silverhill Town Council passed its budget at the Oct. 15 meeting.

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Silverhill Town Council passes $2 million budget

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SILVERHILL, Alabama — The Town of Silverhill will be operating with a more than $14,000 surplus for 2018-19 after the Silverhill Town Council passed its budget at the Oct. 15 meeting.

After operating for nearly three weeks under last year’s budget, in order to schedule an additional budget workshop in October, the council passed the 2018-19 budget with revenues of $2,111,250 and expenses of $2,097,259.29 for a projected surplus of $14,090.71 for the coming year.

By far the largest revenue for the town is tax revenue with a projected income of $541,100, an increase of nearly $100,000 from the previous year’s projected tax revenue of $477,933.

Utility fund revenues are also projected to be slightly higher for the coming year, estimated at $494,150, up from a projected $489,530 for 2017-18.

The town’s fire department nearly doubled its projected income for the coming fiscal year after actual income totals were more than $90,000 over what was budgeted for 2017-18, with budgeted revenues of $436,100, compared to $200,250 a year ago.

Other revenues included Municipal Court, projected at $325,050 for the coming year; Building Department, $100,000; General Fund, $99,450; Police Department, $63,050; Heritage Day, $11,800; State Gas Revenue, $11,050; Library, $9,000; Community Center, $7,500; Parks and Recreation, $7,500; Little Hall, $5,700; Municipal Court,

General fund expenses are projected at $457,250, up from $410,146.40 last year. Utility Department expenses are estimated at $464,611, an increase of nearly $20,000 from last year.

Police Department expenses are projected at $319,490.57, slightly under last year’s budged. Expenses for the fire department are projected at $413,412.72, up from $165,412.72 a year ago.

Other expenses for the town include, Municipal Court, $248,045; Sanitation and Street, $60,000; Building Department, $25,800; Library, $20,700; Mayor and Council, $19,500; Parks and Recreation, $13,550; Heritage Day, $11,700; Community Center, $8,500; State Gas Tax, $7,750; Little Hall, $5,850.

In other business Oct. 15, the council:

•Approved Resolution 564-10-15-2018, ARSEA/RSA bonus for retirees.

•Approved Resolution 566-10-15-2018, surplus 2009 Crown Victoria for police department.

•Approved minutes from the Oct. 1 meeting.

•Approved minutes from the Oct. 8 budget workshop meeting.

•Approved financial expenditures for the period from Oct. 2-15.