Ackerman FY 2011-2012 budget approved

By Amanda McBride The Choctaw Plaindealer

The Town of Ackerman has set a total budget of $2,056,324 for Fiscal Year 2012-2013 with a tax levy of 50 mils.

The Board of Aldermen approved the budget and tax levy in their Sept. 11 special meeting.

In this budget, town employees received a three percent salary increase. The town also increased the budget for rising health insurance, electricity and gas and oil expenses.

Also, the town’s population has decreased 16 percent which will lower state allocations 16 percent.

The Town of Ackerman’s millage rate was set at 50 mils. The millage rate has been the same for at least five years. Of those 50 mills, 43 mils are for the General Fund and 7 mils are for Interest and Sinking (debt service).

This year the Town of Ackerman is expecting to collect $364,950 in taxes for the 2012-2013 fiscal year. They collected $370,200 in taxes during the last fiscal year.

In the budget, the General Fund’s total budget is $960,251 that includes the total available cash and anticipated revenues from all sources.

The General Fund budget for FY 2011-2012 was $1,510,147 that included $584,414 cash balance at the beginning of the year.

Major expenditures in the General Fund include the following departments and each department’s total expenditure listed in the budget.

General Government $288,193 which includes $166,400 for personnel services. This budget is a $1,084 increase from last year’s budget.

Police Department $340,600 which includes $272,200 for personnel services. This includes a $12,457 increase from last year’s budget. Of that increase $8,000 was added to the police supplies budget.

Fire Department $49,585 which includes $14,735 for personnel services. This budget has been decreased $1,849 from last year’s budget.

Street Department $218,603 which includes $103,055 for personnel services. This includes a $21,232 increase from last year’s budget. Of that increase $9,184 was added to personnel services and $16,500 was added to capital outlay. Park Operations $42,785which includes $18,535 for personnel services. This is a $572 increase from last year’s budget.

Cemetery Fund is expected to have revenues of $4,000 for the sale of cemetery lots. Expenditures are expected to total $20,485. This is an increase of $1,022 from last year’s budget.

The Town of Ackerman’s Interest and Sinking Fund (debt service) is expected to have a total available cash, estimated revenues and total expenditures of $86,073. This is a $56,121 decrease from last year’s budget.

The Water and Sewer Operation and Maintenance Fund is expected to have total available cash, estimated revenues and total expenditures of $1,010,000. This is a $723,664 decrease from last year’s budget. Last year this fund’s budget included $871,787 balance at the beginning of the year. The 2012-2013 budget does not include a balance at the beginning of the year. Also, last year the Water and Sewer Fund received a federal grant for $19,000 that they are not expected to receive this year. Also, the Water and Sewer

The Unemployment Compensation Trust Fund is expected to have a total available cash, estimated revenues and total expenditures of $4,440. This is a $6,535 decrease from last year’s budget.