Commonwealth Journal

News Live

June 3, 2014

Burnside approves $2.4 mil budget

Revenues increase by almost $100,000

Burnside —

The Burnside budget for 2014-15 is officially in the books.
On Monday, the Burnside City Council passed the budget for the coming fiscal year after giving it a first reading at last month’s council meeting.
The total expenses and total revenue for the coming year, which begins in July, come out to $2,401,815. 
Almost $100,000 more in revenue was generated by the city in the general fund income in this upcoming budget, $695,170 vs. $593,383 in the 2013-14 budget. That includes money from taxes, licenses and fees, as well as some other sources. 
The budget projects $391,000 in tax revenue and $172,900 from licenses and fees. Mayor Ron Jones expects these figures to be bolstered by the city’s new “wet” status, allowing the sale of alcohol in a retail setting.
The total police department budget for the City of Burnside is $287,820 (with over $238,500 going to salaries, taxes and related costs); fire department is $54,610; $264,300 to city administration (with $174,000 going to salaries, taxes and related costs); and $88,440 for public works and parks expenses.
$1,342,295 is in the budget for Burnside Waterworks, and $184,020 for the city’s sewer department. $180,330 goes to the Burnside Tourism and Recreation Commission.
Last year’s budget totaled at $1,337,885, as detailed by the amendment given a second reading this week as well. Both budgets passed unanimously by the council’s vote.
Jones read a statement concerning the budget that buzzed with optimism about the city’s future, specifically given recent acquisitions of new voluntarily annexed areas in the last year.
“Adoption of this budget should keep this city out of any shortfalls of revenues and keep the council better informed as to the finances of our town,” said Jones, reading from the prepared statement. “... There are no major purchases anticipated at this time. The annexations are completed ... These annexations total ... $3.5 million in tax base, will ensure the survivability of Burnside for generations to come, as well as allow our town to grow financially, as well as physically.”

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