| Back to Lake Government | ||||||||||
| District Budget - approved at 5-17-08 annual mt. | 2003-2004 Budget | 2004-2005 Budget | 2005-2006 Budget | 2007-2008 Budget | Appr'd 2008-2009 Budget |
Change | Comments | |||
| Administr | ||||||||||
| Clerk - fee | $2,000 | $2,000 | $2,184 | $546 | -$1,638 | No longer takes minutes | ||||
| Meeting Expenses and recording secretary | $455 | $105 | $105 | $105 | $1,638 | $1,533 | ||||
| Treasurer - includes use of accountant as req'd | $2,000 | $2,000 | $2,000 | $2,184 | $3,084 | $900 | Treas. recommends increase (added time & expertize req'd for employee accounting); President recom. no increase. | |||
| Legal Notices | $500 | $800 | $800 | $700 | $950 | $250 | $920 spent in '07 | |||
| Office Exp. - postage, copying, software | $600 | $400 | $600 | $500 | $1,000 | $500 | $863 spent in '07 | |||
| PO Box | $45 | $45 | $45 | $45 | $45 | $0 | ||||
| Web site | $0 | $100 | $120 | $330 | $210 | Increased web services - email and photo/movie capability | ||||
| Records Storage and Safe Deposit Box | $60 | $40 | $705 | $770 | $770 | $0 | $782 spent in '07; GoldiLocks quote for next yr (starting in July) $660[1] | |||
| Total Administrative: | $3,660 | $5,390 | $6,355 | $6,607 | $8,363 | $1,755 | ||||
| Insurance | ||||||||||
| General Liability, Excess Liability & E&O | $14,000 | $13,820 | $14,511 | $17,164 | $19,000 | $1,836 | ~$17,900 for GL ($1M) & EO ; (New -EL coverage ($1M) for ~$1000) | |||
| Workman's Compensation | $1,650 | $1,650 | ||||||||
| Integrity bond (includes tax collector & board members) | $180 | $186 | $194 | $200 | $200 | $0 | ||||
| Total Insurance: | $14,180 | $14,006 | $14,705 | $17,364 | $20,850 | $3,486 | ||||
| Professio | ||||||||||
| Audit fees | $2,000 | $2,500 | $3,000 | $3,200 | $3,200 | $0 | $3000 spent for FY07/08[2] | |||
| Legal Fee | $2,000 | $6,000 | $3,000 | $5,000 | $5,000 | $0 | ||||
| Total Professional Services: | $4,000 | $8,500 | $6,000 | $8,200 | $8,200 | $0 | ||||
| Tax Colle | ||||||||||
| Tax collector fees | $6,000 | $5,000 | $5,000 | $5,460 | $5,624 | $164 | President recommends no increase | |||
| Bank char | $50 | $50 | $50 | $60 | $60 | $0 | ||||
| Lien fees | $250 | $100 | $150 | $120 | $150 | $30 | $140 spent in '07 | |||
| Annual software license and support | $800 | $900 | $1,000 | $1,125 | $125 | 8% incr - called Quality Data - reduced from 12% | ||||
| Print, postage, mail tax bills, rate books | $1,150 | $1,350 | $1,550 | $1,625 | $75 | |||||
| TaxCollector training, membership in CT T.C. Assoc. | $455 | $455 | $75 | $75 | $0 | Dam - Capital Expense Details | ||||
| Total Tax Collection: | $6,300 | $7,555 | $7,905 | $8,265 | $8,659 | $394 | Banknorth Loan @ 5.9%, last pymt Jan 2013 | |||
| - loan balance on 5/1/08 $79,561 | ||||||||||
| Other | Loan payment this year $20,831 | |||||||||
| Dam - Capital Expenses (non reoccurring expenses) | $500 | $9,000 | $9,000 | $26,156 | $28,331 | $2,175 | Repair main dam leak and duck pond leak | |||
| Contingency | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $0 | Budget $6,000 for repair/financing in FY08-09, and | |||
| Taxes - Hebron & Lebanon (act. tax FY07/08 was $9104) | $6,000 | $7,000 | $9,700 | $9,777 | $9,600 | -$177 | authorize borrowing up to $35,000 for balance | |||
| ALIA support | $2,350 | $2,000 | $2,800 | $4,550 | $5,640 | $1,090 | Fence for rear of dam = $1,500 | |||
| Aquire old firehouse/property - insurance, taxes, board up | $0 | $0 | $0 | $0 | $0 | Total cost this FY = $ $28,331 ($20,831+ $6,000 + $1,500) | ||||
| Lake Expenses | #REF! | #REF! | #REF! | $72,047 | $81,097 | $9,050 | ||||
| Total Other Expenses: | #REF! | #REF! | #REF! | $115,030 | $127,168 | $12,139 | ||||
| Total without Lebanon Roads | #REF! | #REF! | #REF! | $155,466 | $173,240 | $17,773 | ||||
| Lebanon snow removal | $2,000 | $5,000 | $6,000 | $6,000 | $15,000 | $9,000 | BSA lowest of 3 bids | |||
| Leb. Rds - repair work + spring and fall grading | $4,750 | $2,000 | $16,500 | $12,000 | $18,000 | $6,000 | More substantial repairs needed in near future | |||
| Lebanon Roads Total - prefunding | $6,750 | $7,000 | $22,500 | $18,000 | $33,000 | $15,000 | ||||
| Hebron Total Expenses | #REF! | #REF! | #REF! | $77,733 | $86,620 | $8,887 | ||||
| Lebanon Total Expenses (including roads) | #REF! | #REF! | #REF! | $95,733 | $119,620 | $23,887 | ||||
| Amston Lake District Total Expenses | #REF! | #REF! | #REF! | $173,466 | $206,240 | $32,773 | ||||
| Amston La | ######## | ######## | $54,514,340 | $54,468,350 | ||||||
| Amston La | ######## | ######## | $24,245,600 | $24,432,890 | ||||||
| Required | #REF! | #REF! | 1.426 | 1.590 | 11.5% | |||||
| Required | #REF! | #REF! | 3.948 | 4.896 | 24.0% | |||||