Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword
Like this
2Activity
0 of .
Results for:
No results containing your search query
P. 1
Port Royal final FY 2015 budget

Port Royal final FY 2015 budget

Ratings: (0)|Views: 809|Likes:
The final version of Port Royal's fiscal year 2015 budget.
The final version of Port Royal's fiscal year 2015 budget.

More info:

Published by: Island Packet and Beaufort Gazette on Jun 11, 2014
Copyright:Traditional Copyright: All rights reserved

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as XLS, PDF, TXT or read online from Scribd
See more
See less

12/08/2014

pdf

text

original

 
Legislative
Account #Description2012-20132012-20132013-20142013-2014Budget 2014-2015BudgetFinalProjectedAs of 4/21/2014
4110-121Regular Salaries44,100.00$ 45,822.53$ 45,000.00$ 34,843.55$ 45,625.00$ 4110-122Overtime1,200.00$ 1,340.69$ 1,200.00$ 1,079.08$ 1,200.00$ 4110-126Council Pay23,750.00$ 23,998.42$ 23,750.00$ 17,832.62$ 23,750.00$ 4110-127Salary Accrual4110-128Bonus 650.00$ 635.91$ 650.00$ 449.72$ 650.00$ 4110-181FICA5,400.00$ 5,352.26$ 5,500.00$ 4,036.24$ 5,500.00$ 4110-182Retirement4,900.00$ 4,999.27$ 5,000.00$ 3,879.11$ 5,710.00$ 4110-183Health Insurance14,000.00$ 13,546.00$ 15,100.00$ 16,261.75$ 16,125.00$ 4110-184Long Term Disability364.00$ 184.36$ 210.00$ 167.60$ 40.00$ 4110-186Workers Comp500.00$ 321.80$ 500.00$ 277.14$ 500.00$ 4110-252Insurance5,600.00$ 5,497.59$ 5,600.00$ 5,513.72$ 5,600.00$ 4110-260 Materials/Supplies1,400.00$ 1,622.41$ 1,500.00$ 1,082.25$ 1,500.00$ 4110-321Communications775.00$ 605.57$ 700.00$ 700.00$ 700.00$ 4110-325Postage2,000.00$ 1,667.61$ 1,000.00$ 861.98$ 1,000.00$ 4110-341Printing/Advertising2,500.00$ 2,364.74$ 2,250.00$ 2,039.65$ 2,250.00$ 4110-395Travel/Training3,500.00$ 6,644.07$ 5,000.00$ 4,000.82$ 5,000.00$ 4110-440Special Contracts17,500.00$ 14,816.41$ 17,500.00$ 16,890.98$ 17,500.00$ 4110-441Projects/Contributions17,500.00$ 21,133.01$ 17,500.00$ 15,272.06$ 17,500.00$ 4110-491Dues/Subscriptions5,900.00$ 5,930.68$ 6,000.00$ 5,910.68$ 6,000.00$ 4110-499Miscellaneous750.00$ 790.57$ 500.00$ 464.22$ 500.00$
Totals
$152,289.00$157,273.90$154,460.00$131,563.17$156,650.00The upcoming budget year is a general reflection of the current year budget, only adjusted for the cost of livingadjustment of 1.5%. I have attached the ledger reports for projects/contributions and special contracts, whichis typically where there might be some change. I do not foresee any unanticipated changes to those line items.
 
Executive
Account #Description2012-20132012-20132013-20142013-2014Budget 2014-2015BudgetFinalProjectedAs of 4/21/14
4130-121Regular Salaries268,100.00$ 282,096.60$ 274,900.00$ 212,095.30$ 280,569.00$ 4130-127Salary Accrual4130-128Bonus 9,434.00$ 8,915.45$ 9,434.00$ 8,744.62$ 9,434.00$ 4130-181FICA21,300.00$ 19,887.06$ 21,800.00$ 14,824.30$ 22,185.00$ 4130-182Retirement28,500.00$ 30,468.54$ 29,200.00$ 22,409.20$ 30,582.00$ 4130-183Health Insurance43,500.00$ 51,039.28$ 46,800.00$ 55,750.34$ 40,318.00$ 4130-184Long Term Disability965.00$ 792.88$ 900.00$ 720.80$ 155.00$ 4130-186Workers Comp2,700.00$ 2,132.20$ 2,500.00$ 1,868.60$ 2,500.00$ 4130-191Projects/Contributions15,000.00$ 12,574.27$ 30,000.00$ 11,502.57$ 30,000.00$ 4130-210Bank Service Charges5,000.00$ 7,083.90$ 5,000.00$ 5,667.91$ 6,000.00$ credit card processing fees4130-252Insurance1,600.00$ 1,589.62$ 1,600.00$ 1,589.62$ 1,600.00$ 4130-260Materials/Supplies4,000.00$ 4,451.93$ 4,500.00$ 3,368.97$ 4,500.00$ 4130-321Communications16,000.00$ 15,961.40$ 16,000.00$ 13,915.48$ 17,100.00$ 4130-325Postage2,200.00$ 2,119.94$ 2,500.00$ 2,362.41$ 2,500.00$ 4130-331Electric3,500.00$ 2,608.82$ 3,000.00$ 1,962.11$ 2,500.00$ 4130-334Water2,800.00$ 4,274.06$ 3,500.00$ 2,865.60$ 3,500.00$ 4130-341Printing/Advertising725.00$ 727.26$ 500.00$ 182.80$ 500.00$ 4130-350Maintenance/Service7,500.00$ 8,548.38$ 6,500.00$ 6,123.73$ 7,000.00$ 4130-353Town Car Operation7,500.00$ 8,791.68$ 8,000.00$ 6,152.56$ 7,500.00$ 4130-395Travel/Training5,500.00$ 10,944.83$ 8,000.00$ 6,036.79$ 8,000.00$ 4130-440Special Contracts265,000.00$ 281,937.61$ 240,000.00$ 323,226.54$ 340,000.00$ 4130-441Shrimp Dock225,000.00$ 303,785.68$ 225,000.00$ 389,725.54$ 25,000.00$ 4130-491Dues/Subscriptions2,100.00$ 2,069.33$ 2,100.00$ 1,490.25$ 2,100.00$ 4130-499Miscellaneous750.00$ 281.67$ 500.00$ 430.35$ 500.00$ 4130-505Capital Expenses 12,500.00$ 6,068.00$ 10,000.00$ 4130-900Debt Service 78,205.00$ 78,204.01$ 78,205.00$ 78,204.01$ 78,205.00$
Totals
1,016,879.00$ 1,141,286.40$ 1,032,939.00$ 1,177,288.40$ 932,248.00$ This department has been the most challenging the last few years due to shrimp dock operations and special contracts.I have attached the special contracts ledger, and you can see that the Burton Fire District contract is a large part of the line item; however, we spent significantly more in legal fees this past year due to the mediations and other DRBrelated questions/issues. The form-based code should eliminate, or at least reduce, the reliance on legal counselto resolve those issues.I noted the credit card processing fee because we do not currently charge a "convenience fee" for credit card processing.
 
Executive
I have no opinion as to whether the Town should, but I wanted to make you aware of it. A couple of issues we need to address at the workshop is the updating of our email accounts and the potential changesto our computer/server systems, going to virtual desktops. I have included in your budget packets the proposal from VC3.I like the accessibility the system provides for off-site work, the protection it provides the Town from a information backupperspective and disaster preparedness perspective. I support moving in this direction. It is somewhat pricey, but the Townwould be out of the equipment purchasing business.
Budget includes $40,000 for anticipated branding related expenditures as directed at the last workshop, and it includesfunds for the conversion to the thin client computer system per the VC3 proposal.

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->