(June 22, 2017) Without further discussion or public comment, the Pocomoke City Council approved the fiscal year 2018 budget on second reading during its meeting on Monday.
The balanced budget includes general fund revenues of $4.8 million, with general fund expenses of $4.5 million.
The general fund reflects a positive balance of $257,245, with an additional surplus of $11,544 in the ambulance account.
Those figures are offset with negative balances of $192,303 for water and sewer, along with a six-month estimated loss of $76,486 at Winter Quarters Golf Course.
The mayor and council held a budget first reading at its meeting on June 5, which followed a special budget work session on May 12.
During the May 12 meeting, based on a suggestion from Councilman Dale Trotter, it was decided to budget the Winter Quarters Golf Course for only the first half of fiscal year 2018 to ascertain if renewed marketing efforts are positively impacting the dour financial picture. The course is budgeted to lose approximately $180,00 during the current fiscal year.
During the June 5 meeting, soon-to-be former City Manager/City Attorney Ernie Crofoot noted that after six months the council would have to amend the budget if they wanted to keep the golf course operational.
Another proposal from the May 12 budget work session would increase the charge for bi-weekly trash service from $10 to $15, which should net the town an additional $80,000.
The balanced budget includes general fund revenues of $4.8 million, with general fund expenses of $4.5 million.
The general fund reflects a positive balance of $257,245, with an additional surplus of $11,544 in the ambulance account.
Those figures are offset with negative balances of $192,303 for water and sewer, along with a six-month estimated loss of $76,486 at Winter Quarters Golf Course.
The mayor and council held a budget first reading at its meeting on June 5, which followed a special budget work session on May 12.
During the May 12 meeting, based on a suggestion from Councilman Dale Trotter, it was decided to budget the Winter Quarters Golf Course for only the first half of fiscal year 2018 to ascertain if renewed marketing efforts are positively impacting the dour financial picture. The course is budgeted to lose approximately $180,00 during the current fiscal year.
During the June 5 meeting, soon-to-be former City Manager/City Attorney Ernie Crofoot noted that after six months the council would have to amend the budget if they wanted to keep the golf course operational.
Another proposal from the May 12 budget work session would increase the charge for bi-weekly trash service from $10 to $15, which should net the town an additional $80,000.