Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Council hears finance update; septic permit fee set to match county at $300
Summary
Councilman Bitter reported general fund revenues lagging by $22,000 and positive variances in expenses; the water fund gained about $212,000 from unbudgeted grants and tap fees. After discussion the council agreed to set the septic permit fee at $300 to match the county, pending a comprehensive fee review next budget cycle.
Councilman Wade Bitter presented the council’s financial report Dec. 9, saying year-to-date general fund revenue is about $22,000 below budget largely because November property-tax receipts were lower; expenses were roughly $51,000 below budget. He said capital expenditures were $105,000 lower due to delayed projects.
On the water side, Bitter said revenue was higher by about $212,000, driven by approximately $175,000 in unbudgeted grants plus $37,000 in tap-on fees; water-fund capital spending was down more than $1,074,000 year-to-date because meter and tank work were delayed. He also noted that fifth-penny and sales-tax receipts were only $6,000 below budget year-to-date, much better than earlier forecasts.
Council members raised questions about line-item variances such as shop supplies, internet access, One Call Wyoming charges and sewer costs; Bitter and Administrator Aitken agreed to investigate those variances. On the regular agenda the council debated a proposed $450 septic permit fee; after discussion the council agreed to set the fee at $300 — matching the county — and to perform a more thorough fee review during the next budget cycle.
Councilman Bitter said the Finance Advisory Board has not yet met and will likely review the audit when the town auditor presents the draft at the January meeting; the State Auditor granted an extension into mid-February for the audit filing.
