May 2016 Public Hearing Minutes

May 26, 2016 – Public Hearing

The Fountain Green City Council held a Public Hearing on Thursday, May 26, 2016 at 6:30 p.m. in the Fountain Green City Hall, 260 W 100 N.

Present: Mayor Ronald L. Ivory

Council: Scott Collard, Jerime Ivory, Dean Peckham and Holly Oldroyd.  Excusing Jeff Walker

AGENDA:

  1. Citizen input regarding opening and amending the 2016 fiscal year budget.
  2. Citizen input regarding the adoption of the 2017 fiscal year budget.

 

The Mayor explained that each year the city has to open and amend the current budget to add any miscellaneous revenues to the original budget as well as move money around within the expenditures to meet deficits with line items that may have extra funds.

There will be state grant money left over from the 2016 budget that will be added to the 2017 budget.

The 2017 fiscal year budget was also discussed. This year’s revenues and expenditures is projected to be $483,108.  That includes a transfer into the general fund from the water fund of $21,500 and sewer fund of $15,886.

There were no comments or questions from the public.

Meeting adjourns at 7:00 p.m.

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Mayor Ronald L. Ivory