Posted on October 10, 2019
Author Jacque Ryan, WKVI
A resolution adopting the 2020 budget was unanimously approved by the North Judson Town Council when members met Monday night.
Clerk-Treasurer Andrew Rowe read the resolution into the record and noted that no changes have been made to the budget since they held the required hearing over it back in September.
The Town of North Judson has a total budget estimate of approximately $1.25 million, with the majority of funds, $800,460 listed in the General Fund. The maximum estimated funds to be raised in 2020 comes in around $645,600.
Though the budget received approval from Town officials, it will now go before the Department of Local Government Finance for final approval.
The Town Council was also presented with an inter-local agreement that describes the arrangement between the various municipalities in the Constellation of Starke region that are involved in the Stellar Communities Designation Program.
Officials opted to wait to vote on it until their Town Attorney Justin Schramm has a chance to review it, as he was absent from Monday’s meeting. It will be up for approval again at their next meeting on Monday, October 21st.
Showing posts with label 2020 budget. Show all posts
Showing posts with label 2020 budget. Show all posts
Thursday, October 10, 2019
Tuesday, September 24, 2019
North Judson Town Council Holds Hearing Over 2020 Budget
Posted on September 24, 2019
Author Jacque Ryan, WKVI
The North Judson Town Council received a brief presentation from Baker Tilly CPA Jeffrey Weaver when officials held a hearing over the 2020 budget last Monday.
According to the information submitted to the Indiana Gateway for Governmental Units, the town’s total budget estimate is $1,258,740, with $800,460 budgeted in the General Fund.
Weaver provided the council with a brief synopsis of some key budget items and mentioned that while there are particular amounts in certain funds, that doesn’t always mean that’s how much will be spent.
He explained, “I went back and looked at 2018. The General Fund only spent 93 percent of its budget so with that in mind already, the General will probably be looking a little bit better than this.”
Weaver added that after coordinating with Clerk-Treasurer Andrew Rowe, there was a $30,000 capital expense that was previously in the general fund that is now in the County Economic Development Income Tax (CEDIT) Fund.
No questions were provided by council members or citizens during the hearing.
The 2020 Budget will be up for adoption when the council members meet next on Monday, October 7th.
Author Jacque Ryan, WKVI
The North Judson Town Council received a brief presentation from Baker Tilly CPA Jeffrey Weaver when officials held a hearing over the 2020 budget last Monday.
According to the information submitted to the Indiana Gateway for Governmental Units, the town’s total budget estimate is $1,258,740, with $800,460 budgeted in the General Fund.
Weaver provided the council with a brief synopsis of some key budget items and mentioned that while there are particular amounts in certain funds, that doesn’t always mean that’s how much will be spent.
He explained, “I went back and looked at 2018. The General Fund only spent 93 percent of its budget so with that in mind already, the General will probably be looking a little bit better than this.”
Weaver added that after coordinating with Clerk-Treasurer Andrew Rowe, there was a $30,000 capital expense that was previously in the general fund that is now in the County Economic Development Income Tax (CEDIT) Fund.
No questions were provided by council members or citizens during the hearing.
The 2020 Budget will be up for adoption when the council members meet next on Monday, October 7th.
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