| BOARD OF FINANCE TOWN OF SOMERS | ECRWSS | BULK RATE | |||||||
| POSTAL CUSTOMER | U.S. POSTAGE PAID | ||||||||
| SOMERS CT | SOMERS CT | ||||||||
| PERMIT NO. 7 | |||||||||
| Town of Somers | |||||||||
| Proposed Annual Budget for | |||||||||
| 2008-2009 | |||||||||
| April 28, 2008 - Public Hearing | |||||||||
| Somers Elementary School Auditorium | |||||||||
| 07:00 pm | |||||||||
| ANNUAL BUDGET | |||||||||
| 2007-2008 | 2008-2009 | Increase/ | % Change | ||||||
| Expenditures | Budget | Proposed | (Decrease) | ||||||
| General Government | $ | 5,832,160 | $ | 6,094,607 | $ | 262,447 | 4.50% | ||
| Board of Education | 17,954,385 | 18,762,332 | 807,947 | 4.50% | |||||
| Capital Expenditures | 567,000 | 597,000 | 30,000 | 5.29% | |||||
| Capital Projects | 300,000 | - | (300,000) | -100.00% | |||||
| Debt Service | 2,789,001 | 3,084,389 | 295,388 | 10.59% | |||||
| TOTAL | $ | 27,442,546 | $ | 28,538,328 | $ | 1,095,782 | 3.99% | ||
| REVENUES | |||
| 2006-2007 Actual | 2007-2008 Budget | 2008-2009 Proposed | |
| Property Taxes | 15,478,254 | 15,999,112 | 16,099,736 |
| Permits & Fees | 1,023,003 | 1,216,404 | 965,356 |
| State & Federal Grants | 7,892,120 | 7,895,637 | 9,045,778 |
| PILOT Grant | 1,760,061 | 1,765,000 | 1,760,230 |
| Interest and Transfers | 517,945 | 405,000 | 405,000 |
| Surplus | - | 161,393 | - |
| Tax Increase | 262,228 | ||
| Total Revenues | 26,671,383 | 27,442,546 | 28,538,328 |
| EXPENDITURES | |||
| 2006-2007 Actual | 2007-2008 Budget | 2008-2009 Proposed | |
| Town Government | |||
| Salaries - Town Hall | 795,780 | 849,953 | 896,411 |
| Insurance | 568,669 | 644,000 | 657,500 |
| Operation | 558,752 | 744,746 | 729,919 |
| Boards & Commissions | 119,928 | 119,277 | 146,450 |
| Departments | 118,862 | 118,970 | 106,877 |
| Total | 2,161,991 | 2,476,946 | 2,537,157 |
| Board of Education | |||
| General Control | 1,641,975 | 1,755,711 | 1,788,957 |
| Instruction | 7,875,401 | 8,262,800 | 8,522,166 |
| Health Services | 144,021 | 144,430 | 150,280 |
| Transportation | 575,614 | 615,347 | 643,630 |
| Plant Operation/Maint | 1,412,141 | 1,439,419 | 1,532,050 |
| Fixed Charges & Insurance | 2,854,987 | 3,036,981 | 3,218,410 |
| Student Activities | 182,620 | 196,730 | 202,613 |
| Capital Outlay | 8,705 | 9,100 | 9,100 |
| Special Education | 2,189,177 | 2,493,867 | 2,695,126 |
| Total | 16,884,641 | 17,954,385 | 18,762,332 |
| Public Safety | 1,150,846 | 1,155,181 | 1,245,722 |
| Public Works | 897,232 | 920,126 | 1,084,212 |
| Health Services | 164,017 | 128,668 | 143,055 |
| Library | 370,786 | 376,250 | 397,312 |
| Transfer Station | 546,552 | 579,475 | 579,475 |
| Recreation | 34,628 | 34,346 | 37,048 |
| Capital Expenditures | 1,003,620 | 867,000 | 597,000 |
| Debt Service | 2,535,765 | 2,789,001 | 3,084,389 |
| Other | 235,946 | 161,168 | 70,626 |
| Total Expenditures | 25,986,024 | 27,442,546 | 28,538,328 |