VILLAGE OF FRANKLIN

Budget Highlights

July 1, 2009 to June 30, 2010

Original

2009-2010  vs.

Budget

2008-2009

2008-2009

2007-2008

2006-2007

2005-2006

2009-2010

Budget as amended

Actual

Actual

Actual

I. Assessed Valuation

Real

$364,199,950

$ 414,030,690

($49,830,740) 

$ 417,871,670

$ 414,888,910

$ 385,785,550

Personal

$2,161,790 

$ 2,230,180

($68,390)

$ 2,718,190

$ 2,621,830

$ 3,524,850

Total

$366,361,740

$416,260,870

$420,589,860

$417,510,740

$389,310,400

II. Taxable Valuation

Real

$326,172,940

$337,064,610

($10,891,670)

$325,565,940

$305,663,100

$276,840,500

Personal

$ 2,161,790

$2,230,180

($68,390)

$2,718,190

$2621,830

$3,524,850

Total

$328,334,730

$339,294,790

($10,960,060)

$328,284,130

$308,284,930

$280,365,350

III. Millage

General Fund

2.7248

2.7248

0

2.7248

2.7254

2.7583

Fire Fund

0.8528

0.8578

(.0050)

0.8134

0.9588

0.9704

Rubbish Fund

0.6344

0.6383

(.0039)

0.6229

0.6000

0.6420

Library Fund

0.4538

0.4522

.0016

0.4538

0.4633

0.4923

Gen. Debt Service Fund

1.5967

1.4618

.1349

1.5200

1.4795

1.7363

Total

6.2625

6.1349

.1276

6.1349

6.227

6.5993

IV. Taxes

General Fund

$ 894,646

$924,510 

($29,864)

$894,509 

$840,200 

$773,332 

Fire Fund

$ 280,004

$291,075 

($11,071)

$267,026

$295,584

$272,067

Rubbish Fund

$ 208,296

$216,588

($8,292)

$204,488

$184,971

$179,995

Library Fund

$ 148,998

$153,462 

$4,464

$148,975

$142,828

$138,024

Gen. Debt Service Fund

$ 524,252

$470,180

$54,072

$498,992

$456,108

$486,798

Total

$ 2,056,196

$2,055,815

$380

$2,013,990

$1,919,690

$1,864,533

V. Total Revenues

General Fund

$ 1,702,008

$1,771,649 

($69,641)

$1,787,061 

$1,961,550 

$1,548,670 

Major Street Fund

$ 165,000

$172,500

($7,500)

$142,589 

$157,640 

$149,085 

Local Street Fund

$ 146,500

$151,500

($5,000)

$143,350

$156,938

$144,652 

Building Dept. Fund

$ 127,800

$149,575

($21,775)

$300,512

$330,845

$450,480

Fire Fund

$ 309,995

$291,075

$18,920

$270,923

$298,924

$271,706 

Rubbish Fund

$ 209,405

$218,588

($9,183)

$209,000

$188,087

$180,306

Library Fund

$ 148,998

$148,993

$5

$150,135

$143,879

$137,841 

Gen. Debt Service Fund

$ 556,972

$537,552

$19,420

$505,810 

$462,162 

$489,481 

Waste Water

$ 10,000

$14,250

($4,250)

$14,352 

$1,582 

$1,479 

Pressure Sewer

$ 612,896

$601,441

$11,455

$673,509

$700,666

$4822545

Total

$ 3,989,574

$4,057,123

($67,549)

$4,197,240

$4,402,272

$4196245

VI. Total Expenditures

General Fund

$ 1,702,008

$1,750,262 

($48,254)

$21,871,916 

$2,001,653 

$1,476,906 

Major Street Fund

$ 154,750

$157,750 

($3,000)

$135,666

$112,747

$138,302 

Local Street Fund

$ 107,500

$110,000

($2,500)

$104,944

$80,192

$93,277

Building Dept. Fund

$ 127,671

$149,575

($21,904)

$262,913

$371,404

$408,070

Fire Fund

$ 309,995

$291,075

$18,920

$270,923 

$261,346 

$249,280 

Rubbish Fund

$ 209,405

$218,588

($9,183)

$208,781

$194,762

$175,860

Library Fund

$ 148,998

$148,993

$5

$150,135

$143,879

$137,841

Gen. Debt Service Fund

$ 556,972

$537,552

$19,420

$525,886

$50,7290

$488,447 

Waste Water

$ 10,000

$10,000

0

$16,653

$14,813

$13,452

Pressure Sewer

$ 612,896

$601,441 

$11,455

$931,082 

$769,883 

$790346 

Total

$ 3,940,195

$3,975,236

($32,508)

$4,478,900

$4,457,969

$3,971780