June 25, 2018- Special Meeting
The Farmerville Town Council met in special session on Monday, June 25, 2018 at 5:00 p.m
The Farmerville Town Council met in special session on Monday, June 25, 2018 at 5:00 p.m. The meeting was called to order by Mayor Stein Baughman, Jr. The invocation was given by Mayor Pro-tem Taylor and Mayor Baughman then led the group in the Pledge of Allegiance. The members present were Mayor M. Stein Baughman, Aldermen Jerry Taylor, Lavelle Maine, Caroline Gatson, Robert Allen, and Ricky Johnikin, Attorney Joe Cusimano was absent.
At this time Mayor Baughman allowed all citizens to voice their opinion on all agenda items.
On motion by Gatson, seconded by Allen and unanimously to approve the 2017/2018 amended budget as presented.
2017/2018 Amended Budget
GENERAL FUND Original Budget Amended Budget
REVENUES
General & Administrative 827,500.00 961,750.00
Sanitation 480,000.00 475,000.00
TOTAL REVENUE 1,307,500.00 1,391,750.00
EXPENSES
General & Administrative 766,950.00 811,350.00
Sanitation 526,410.00 552,410.00
TOTAL EXPENSES 1,293,360.00 1,363,760.00
NET INCOME GENERAL FUND 14,140.00 27,990.00
SALES TAX
REVENUES 1,179,060.00 2,111,878.16
EXPENSES
Shop & Administrative 440,900.00 1,373,800.00
Streets 603,100.00 637,600.00
TOTAL EXPENSES 1,044,000.00 2,011,400.00
NET INCOME SALES TAX 135,060.00 100,478.16
SALES BOND
TOTAL REVENUES 529,000.00 547,500.00
TOTAL EXPENDITURES 522,490.00 543,550.00
NET INCOME SALES BOND 6,510.00 3,950.00
WATER DEPARTMENT
TOTAL REVENUES 1,482,600.00 1,502,600.00
TOTAL EXPENDITURES 1,405,500.00 11,449,240.00
NET INCOME WATER 77,100.00 53,360.00
SEWER DEPARTMENT
TOTAL REVENUES 443,000.00 511,000.00
TOTAL EXPENDITURES 427,322.50 509,022.50
NET INCOME SEWER 15,677.50 1,977.50
FIRE DEPARTMENT
TOTAL REVENUES 497,600.00 538,600.00
TOTAL EXPENDITURES 461,800.00 536,800.00
NET INCOME FIRE 35,800.00 1,800.00
POLICE DEPARTMENT
TOTAL REVENUES 972,800.00 959,400.00
TOTAL EXPENDITURES 970,850.00 948,850.00
NET INCOME POLICE 1,950.00 10,550.00
TOTAL BUDGETED REVENUES 6,411,560.00 7,562,728.16
TOTAL BUDGETED EXPENDITURES 6,125,322.50 7,362,622.50
TOTAL NET INCOME 286,237.50 200,105.66
On motion by Allen, seconded by Maine and unanimously approved to adopt the 2018/2019 Budget as presented and advertised, with the exception of adding a $.31 hourly increase for all full-time employees and removing the $35,000 in asset purchases from the Water Department budget.
On motion by Gatson, seconded by Taylor and unanimously approved to select Garret & Garret CPA firm as the town auditors for 2017/2018 fiscal year.
On motion by Gatson, seconded by Allen and unanimously approved to select CapRisk are the town’s actuary auditors for the 2017/2018 fiscal year.
On motion by Taylor, seconded by Gatson and unanimously approved this meeting was declared adjourned by Mayor Baughman, this the 25th day of June, 2018.
Gay Nell Pepper, Town Clerk
M. Stein Baughman, Jr., Mayor
