The Union Board of Aldermen will, in all likelihood, put their stamp of approval on a 2019 fiscal budget that projects revenues of $1.304 million in revenues and $1.346 million in expenditures.
The slight shortfall will be made up in carry over surpluses from previous years.
And, for the first time in almost nine years, Union residents will see an ever-so-slight 1 mill increase in their property taxes for 2019 that will contribute about $10,000 to the city’s coffers.
The city’s millage rate will rise from 34 to 35 mills. The general fund will get 28 of those 2 mills are dedicated to the Kemper-Newton Regional Library system and 5 mills are be used to repay loans for street improvements.
The proposed budget was reviewed at the September City Board meeting and will probably be adopted at a special meeting September 13.
City Clerk Cheryl Chaney’s estimates show that the new budget anticipates increases revenues of $45,500 and an increase in expenditures of $12,550 over 2018.
As usual, the two biggest revenue producers are expected to be sales taxes ($320,000) and property taxes ($330,000).
And, as always salaries take most of the city’s expenditures: with $400,000 in the police depart leading the way.
In other business, the Aldermen
•Voted to hold a public hearing to discuss unkempt property with Jack Adams, 206 6th St. on October 2.
• Authorized Police Chief Billy Pat Walker to attend a CrimeStoppers Conference.
