City of Tipp City
Operating Budget Summary 

Fund Statement

		EST. BEG.	ESTIMATED	BUDGETED	EST. END.
		BALANCE	RECEIPTS	EXPENSES	BALANCE
	FUNDS	Jan. 1, 2008			Dec .31, 2008
101	GENERAL	$3,068,627	$6,255,673	$6,443,787	$2,880,513
	SPECIAL REVENUE FUNDS
202	SWIMMING POOL	27,997	412,000	420,979	19,018
203	STREET REPAIR	165,754	463,270	471,945	157,079
204	STATE  HIGHWAY	27,238	37,400	38,500	26,138
205	MUNICIPAL ROAD	45,835	110,000	109,553	46,282
209	LAW ENFORCEMENT	6,695	600	5,500	1,795
210	ENF. & EDU. FUND	4,426	1,100	5,500	26
211	DRUG LAW ENF. FUND	2,819	100	2,500	419
823	E.M.S.DONATION TRUST	1,025	0	1,025	0
824	POL. DONATION TRUST	1,540	100	900	740
	DEBT SERVICE FUNDS
311	GENERAL BOND RET.	954	2,949,227	2,946,923	3,258
312	SPECIAL ASS. BOND RET.	3,046	73,653	71,388	5,311
	CAPITAL PROJECTS FUNDS
417	CAPITAL IMP. RESERVE	178,579	1,227,816	1,352,640	53,755
420	PARKS CAP. IMP. FUND	8,307	977,207	974,800	10,714
430	CAPITAL PROJECTS	59,752	1,750,000	1,799,000	10,752
432	DONN DAVIS WAY	15,779	0	15,779	0
	PROPRIETARY FUNDS
605	ELECTRIC	1,555,053	10,689,178	11,038,262	1,205,969
606	ELECTRIC IMP. RESERVE	60,417	0	0	60,417
608	WATER	1,489,791	1,973,670	2,144,405	1,319,056
609	WATER IMP. RESERVE	905,999	24,856	165,478	765,377
620	SEWER	245,143	1,183,559	1,268,428	160,274
625	UTILITY SERVICE DEP.	160,649	30,000	30,000	160,649
630	REFUSE COLLECTION	95,028	743,500	771,426	67,102
	TRUST & AGENCY FUNDS
728	SELF INS. HEALTH	87,213	110,600	110,600	87,213
830	CONTRACTOR MAINT. DEP.	9,883	45,000	45,000	9,883
	SUBTOTAL	$8,227,549	$29,058,509	$30,234,318	$7,051,740
	LESS:TRFS., INTERFUND
	REIMBURSEMENTS	0	2,581,423	2,581,423	0
	NET GRAND TOTAL	$8,227,549	$26,477,086	$27,652,895	$7,051,740

Revenues

2008 BUDGET- REVENUES CLASSIFIED BY SOURCE
PROPERTY TAXES				$331,304		1.14%
CITY INCOME TAXES				3,958,612		13.62%
HOTEL-MOTEL TAX				35,100		0.12%
PERSONAL PROPERTY LOSS-CAT				50,453		0.17%
LOCAL GOVERNMENT FUND				551,768		1.90%
LOCAL GOVERNMENT FUND- STATE				44,595		0.15%
ESTATE TAX				25,000		0.09%
MOTOR VEHICLE LICENSE FEES				88,665		0.31%
GASOLINE TAX				410,005		1.41%
PERMISSIVE LICENSE FEES				110,000		0.38%
ELECTRIC EXCISE TAX				570,000		1.96%
OTHER STATE LEVIED -SHARED FEES				15,948		0.05%
FEDERAL GRANTS				458,217		1.58%
STATE GRANTS				804,175		2.77%
MIAMI COUNTY				135,000		0.46%
FIRE RUN CONTRACTS				74,720		0.26%
AMBULANCE RUNS				482,000		1.66%
POOL REVENUES				362,000		1.25%
ELECTRIC REVENUES				10,087,000		34.71%
WATER REVENUES				1,676,737		5.77%
SEWER REVENUES				1,146,800		3.95%
REFUSE COLLECTION				740,000		2.55%
LICENSES,PERMITS, INSPECTIONS				71,050		0.24%
NAWA CHARGES				390,730		1.34%
OTHER CHARGES FOR SERVICES				44,775		0.15%
FINES,FORFEITS AND COSTS				18,700		0.06%
INTEREST INCOME				525,000		1.81%
RENTAL INCOME				63,156		0.22%
ASSESSMENTS				162,576		0.56%
FRANCHISE FEES				97,000		0.33%
DONATIONS				5,100		0.02%
SALE OF ASSETS				1,500		0.01%
OTHER				184,400		0.63%
SALE OF NOTES AND BONDS				2,675,000		9.21%
UTILITY BILLING REIMBURSEMENTS				242,260		0.83%
ADMINISTRATIVE REIMBURSEMENTS				504,936		1.74%
TRANSFERS IN				1,834,227		6.31%
REIMB. AND REFUNDS				5,000		0.02%
DEPOSITS				75,000		0.26%
		TOTAL		$29,058,509		100.00%

Expenses

2008-BUDGET EXPENDITURES BY FUNCTION
FUND/DEPT.		PERSONAL	SUPPLIES	CAPITAL	TRFS.,ADM.	REFUNDS,
		SERVICES	& OTHER	OUTLAY	REIMB,ADV.	& DEP.	TOTAL
GENERAL
Council		$119,970	$17,650	$500			$138,120
Commissions		18,619	44,906	2,000			65,525
Admin.		218,808	8,520	900			228,228
Buildings		119,561	123,277	1,000			243,838
Finance		188,210	25,040	3,680			216,930
Utility Billing		198,105	50,055	500			248,660
Income Tax		157,115	22,035	500		73,920	253,570
Law		65,575	25,565				91,140
Police		2,024,904	204,723	21,600			2,251,227
Fire		88,476	57,797	18,636			164,909
EMS		683,426	116,980	3,600			804,006
Com.&  Ec. Dev		230,581	36,043	1,500			268,124
Engineering		190,127	60,650	750			251,527
Parks		344,358	156,565	5,600			506,523
Recreation			17,500				17,500
Non-Dept.		1,000	230,960		460,000	2,000	693,960
Total-General		4,648,835	1,198,266	60,766	460,000	75,920	6,443,787
POOL			415,979	5,000			420,979
STREET		320,590	151,355	0			471,945
STATE HY.			31,000	7,500			38,500
MUN. ROAD		67,303	34,750	7,500			109,553
LAW ENF.			5,500				5,500
ENF&EDU			5,500				5,500
DRUG ENF.			2,500				2,500
DONATIONS			1,925				1,925
BOND RET.			2,946,923				2,946,923
SA  BOND			71,388				71,388
CAP. IMP.			2,850	1,037,503	289,187	23,100	1,352,640
PARKS CAP.				230,675	715,250	28,875	974,800
CAP. PRO.				1,750,000	49,000		1,799,000
DONN DAVIS					15,779		15,779
ELECTRIC		1,130,157	7,700,857	1,544,400	660,848	2,000	11,038,262
WATER		574,335	1,444,905		125,165		2,144,405
WATER IMP				97,740	67,738		165,478
SEWER		180,898	764,265	149,035	174,230		1,268,428
SERV. DEP						30,000	30,000
REFUSE COL			747,200		24,226		771,426
SELF INS			110,600				110,600
MAINT. DEP.						45,000	45,000
TOTAL		$6,922,118	$15,635,763	$4,890,119	$2,581,423	$204,895	$30,234,318
		22.89%	51.72%	16.17%	8.54%	0.68%	100.00%