City Council passes budgets, Safe Routes bid first readings
by Franklin Clark -- fclark@cadizrecord.com
May 27, 2009 | 0 0 comments | 3 3 recommendations | email to a friend | print
In a Cadiz City Council special called meeting that lasted little more than five minutes, the council approved, on first reading, amendments to the current fiscal year’s budget, the budget for the next fiscal year, and approved a bid for the Safe Routes to School project. The meeting was held last Tuesday.

The proposed budget for the 2009/2010 fiscal year, which begins on Wednesday, July 1, has about $3.61 million in revenue and appropriations, including a 2.5 percent across-the-board pay raise for all city employees. Of that, $1.85 million of that is for the general fund, $1.71 is for the water fund and $50,000 is for municipal road aid.

Of the $3.61 million in revenue, $1.3 million would be coming from charges for services, $820,000 would come from licenses and permits, almost $680,000 would be coming from intergovernmental revenue and more than $685,000 would be coming from taxes. “Other revenue” is listed as contributing $61,000.

Modifications to the current fiscal year’s budget increase it from $3.45 million to $3.92 million, which includes increases in general government as well as the budgets for the fire department, the road department, the water department and the sewer department, as well as a roughly $10,000 decrease in the police department budget.

Cadiz Mayor Lyn Bailey said payroll tax revenues for the current fiscal year have held steady.

In other business, the city council voted to approve Cadiz-based Oliphant Construction’s bid for the Safe Routes to Schools project. Oliphant had the lowest bid, at $157,550. Of the three companies that placed a bid, Cadiz-based Kyler Bridge Company’s bid was $186,653, and Madisonville-based Hamby Construction’s bid was the highest at $347,191.

Safe Routes to Schools is a project that proposed new sidewalk and a crosswalk at the middle school parking lot and the five-way stop on Lafayette Street. The project could begin as early as this week.

The walking trail will be repaved from the five-way stop behind Trigg County Schools to near Fortner Gas in east Cadiz, with lights, benches and other amenities that will be installed.

The city council will hear the second reading of both budgets when they have their regular meeting on Tuesday, June 2, at 6 p.m. at Cadiz City Hall.
Weather
Click for Cadiz, Kentucky Forecast
Sponsored By:
Beaus Blog Logo
Read Beau's Daily Analysis