Audit

2004-05

Estimated

2005-06

Budget

2006-07

GENERAL FUND

Estimated Revenue and Other Sources

     Local Taxes

1,749,284

1,821,436

2,231,057

     State of Tennessee

397,434

279,147

497,625

     Federal Government

110,962

103,841

248,850

     Other Sources

690,934

756,723

849,652

Total Estimated Revenues and Other Sources

2,948,614

2,961,147

3,827,184

Estimated Expenditures and Other Uses

     Salaries

1,294,275

1,699,742

1,928,570

     Other Costs

1,524,864

1,985,354

1,719,779

Total Estimated Expenditures and Other Uses

2,819,139

3,685,096

3,648,349

 Operating Transfers

(221,649)

 Excess of Revenues & Other Sources

 Over (Under) Expenditures

129,475

(723,949)

(42,814)

Estimated Beginning Fund Balance-July 1

1,799,738

1,929,213

1,205,264

Estimated Ending Fund Balance-June 30

1,929,213

1,205,264

1,162,450

Employee Positions

75

84

84

HIGHWAY/PUBLIC WORKS FUND

Estimated Revenue and Other Sources

     Local Taxes

36,730

37,673

36,975

     State of Tennessee

2,348,773

2,494,034

2,613,358

     Federal Government

290,023

430,080

260,000

     Other Sources

48,415

62,258

41,000

Total Estimated Revenues and Other Sources

2,723,941

3,024,045

2,951,333

Estimated Expenditures and Other Uses

     Salaries

880,030

683,126

780,276

     Other Costs

2,051,399

1,901,206

2,271,231

Total Estimated Expenditures and Other Uses

2,931,429

2,584,332

3,051,507

Excess of Revenues & Other Sources Over (Under) Expenditures

(207,488)

439,713

(100,174)

Operating Transfers

(122,982)

Estimated Beginning Fund Balance-July 1

698,778

491,290

808,021

Estimated Ending Fund Balance-June 30

491,290

808,021

707,847

Employee Positions

40

40

37

GENERAL PURPOSE SCHOOL FUND

Estimated Revenues and Other Sources

     Local Taxes

2,357,756

2,410,400

2,410,900

     State of Tennessee

12,130,434

11,691,247

13,005,578

     Federal Government

1,392,359

928,858

1,550,298

     Other Sources

57,959

32,500

35,000

Total Estimated Revenue and Other Sources

16,129,935

15,269,805

17,244,431

Estimated Expenditures and Other Uses

     Salaries

10,378,637

10,214,411

10,963,842

     Other Costs

6,128,485

5,055,394

6,280,589

     (Transfers of other funds)

(200,000)

(200,000)

     603,432

Total Estimated Expenditures and Other Uses

16,507,122

15,269,805

17,244,431

Excess of Revenues & Other Sources Over (Under) Expenditures

(377,187)

(0)

(0)

Estimated Beginning Fund Balance-July 1

1,288,982

911,795

700,000

Estimated Ending Fund Balance-June 30

911,795

911,795

700,000

Employee Positions

285

285

285

DEBT SERVICE FUND

Estimated Revenue and Other Sources

     Local Taxes

240,833

243,676

241,074

     Local Option Taxes

1,297,266

1,234,535

1,259,777

     Other Local Revenues

7,640,713

222,475

681,299

Total Estimated Revenue and Other Sources

9,178,812

1,700,686

2,182,150

Estimated Expenditures and Other Uses

     Debt Service Cost

1,641,468

1,651,533

1,628,093

Total Estimated Expenditures and Other Uses

1,522,633

1,598,408

2,197,998

Excess of Revenues & Other Sources Over (Under) Expenditures

     120,384

     102,278

(15,848)

Estimated Beginning Fund Balance-July 1

1,775,311

1,895,695

1,997,973

Estimated Ending Fund Balance-June 30

1,895,695

1,997,973

1,982,125

SOLID WASTE FUND

Estimated Revenues and Other Sources

     Local Taxes

473,145

473,972

475,814

     State of Tennessee

80,895

125,719

102,000

     Federal Government

-0-

-0-

-0-

     Other Sources

51,806

91,205

47,563

Total Estimated Revenues and Other Sources

605,846

690,896

625,377

Estimated Expenditures and Other Uses

     Salaries

144,722

155,901

188,502

     Other Costs

501,153

431,431

475,267

Total Estimated Expenditures and Other Uses

645,875

587,332

663,769

Retained Earnings July 1

23,732

(16,297)

87,267

Retained Earnings June 30

(16,297)

87,267

48,875

Cash & Cash Equivalents July 1

236,303

196,274

299,838

Cash & Cash Equivalents June 30

196,274

299,838

261,446

Employee Positions

9

9

11