The 2003 Village budget includes more than 15 capital improvement
projects, which are funded and implemented outside of the Villages
day-to-day operations, and total an estimated $448,000.
Some of the significant projects planned this year:
Upgrade computers throughout
the Bryan Center, $18,000
Purchase a police car, $23,000
Replace a truck, which provides snowplowing, $65,000
Improve drainage at seven locations, $38,450 total
¹ Paint the Gaunt pool surface, $13,000
Purchase two mowers, $10,000
Purchase cameras for 3 patrol cars, $13,500 total
Extend water line to Public Works facility, $50,000
Rebuild two well field pumps, $50,000
Rebuild aeration and filter rooms in the water treatment plant,
The Public Works Department will also fund two projects, remodeling
the crew room ($44,000) and replacing the overhead doors at the Public
Works facility ($6,000).
expenses expected to decrease
approves first reading of 2003 budget
Village Council will form committees to review the public pool and the
solid waste fund, and consider selling the Villages residential
property to generate money for capital improvement projects. Council will
also consider suspending at least one of three services the Village provides
through the solid waste fund to save money on garbage pickup.
These were some of the items that Council agreed to tackle immediately,
after Council members spent two workshops reviewing the Village budget
and holding a formal reading on the document. The actions are part of
a series of cuts the Village has implemented to decrease expenses and
help balance the 2003 budget.
The budget also indicates the financial effect the closing of Vernay Laboratories
two Dayton Street plants will have on the Village.
At its meeting Feb. 3, Council approved 40 the first reading of
the budget. Council member Joan Horn was absent. A second reading and
public hearing on the budget will take place at Councils next meeting,Tuesday,
The 2003 budget shows that total revenue is expected to decrease 17 percent,
or $1.3 million, from $7.5 million in 2002 to $6.2 million this year.
Expenses are projected to decrease slightly, by 1 percent, or $51,000,
from $6.4 million last year to $6.35 million in 2003.
The revenue decrease is exaggerated because in 2002 the Village received
a significant amount of unexpected revenue. An increase in income taxes
and a large jump in estate taxes, which totaled $330,000 alone, bolstered
the multi-fund, and the Village gained additional revenue for the electric
system through an increase in the sale of electricity and a rise in revenue
from a state-mandated tax.
Revenue projections for 2003 are similar to 2001 for three of the Villages
five major funds, the multi-fund, the sewer system and the solid waste
During Councils meeting last week, Council president Tony Arnett
said that this years budget incrementally improves the
Villages financial situation, though, he said, the Village has a
long way to go considering the long list of capital improvement
projects the Village must tackle over the next 10 to 15 years.
Unlike last year, the 2003 budget contains a number of capital projects,
which total an estimated $448,000. More than half of this years
projects are coming out of the multi-fund.
The budget, however, lists $3.46 million in unfunded but identified projects
that the Village hopes to complete in the future.
The multi-fund budget
The 2003 budget shows that day-to-day operations supported by the multi-fund
will not exceed revenue. When capital projects are taken into account,
expenses for the fund do outpace revenue. Revenue is expected to decrease
12 percent, while total expenditures are projected to increase almost
The multi-fund is projected to end the year with a balance of $872,000,
which is 38 percent of the funds operational costs.
Last year, Council said it wanted each fund to have a reserve, or year-end
balance, that equals 25 percent of the funds operating expenses.
Income tax revenue, which makes up 63 percent of the multi-funds revenue,
is expected to decrease by $185,000, from $1.5 million in 2002 to $1,325,000.
This decrease in part results from the closing of Vernays largest
plant in town. The Village expects to lose between $80,000 and $100,000
in revenue this year from the closure, which company officials have said
will take place in September. Vernays smaller plant will remain
open for the foreseeable future, the company has said.
To address the anticipated decrease in revenue, the Village has eliminated
paid positions with the Village Mediation Program and channel 13, the
local cable access station. The Village has found other ways to save money,
including closing the Bryan Community Center an hour earlier and requiring
Village staff to clean the center. Hillard has called the cuts prudent
and a way for the Village to achieve a balanced budget.
Last month, Council added to the budget $15,000 to pay for a part-time
zoning administrator. Hillard had been responsible for the post since
last year, when the former public works director was let go to save funds.
Council said that Hillard needed professional support to help handle zoning
issues this year. To pay for the zoning administrator Council agreed to
remove from the budget a leaf vacuum, which would have cost the Village
Council also agreed to form a committee to review the Gaunt Park Pools
operations. Last year, the pool received extra attention when Council
increased the fees to generate more revenue for the pool, which financially
cannot support itself. The second part of the fee increase will be implemented
In addition, Council said it will consider selling the Villages
two residential properties on State Route 343. A report by the blue ribbon
finance committee said that the Village could earn $155,000 from the sale.
Council indicated that the proceeds would be used to fund capital projects.
The Village utilities
As it did with the pool, Council has agreed to form a task force to review
the solid waste system. The system does not generate enough in fees to
support itself, and has maintained a positive budget with a subsidy from
the multi-fund each of the last three years. This year, the multi-fund
will provide the solid waste system $17,000.
The budget shows that solid waste system revenue will exceed expenses
by $1,400. The fund is expected to end the year with a balance of $8,000,
or 4 percent of its expenses.
To save money this year, Council agreed to consider postponing one of
three services: the spring cleanup, the brush cleanup or the extra-item
On Monday, Hillard said the system is struggling because additional services,
such as the brush pickup, have been added to the fund that were once paid
for by the multi-fund. The cost of last years spring cleanup also
increased, he said. The rate structure is covering what it was intended
to cover, Hillard said.
The Villages other utilities are in better shape financially, especially
the electric and water systems.
While the electric systems revenue is expected to decrease by 25
percent, or nearly $770,000, receipts are expected to outpace expenses,
and the funds balance is expected to increase to $685,000. This
amount represents 30 percent of the funds operating costs for 2003.
Though expenses are expected to be greater than revenue for the water
system, the fund is projected to maintain a healthy reserve of $430,000,
or 82 percent of operations.
Hillard, however, was cautious when discussing the water fund, explaining
that the system has a number of capital needs, including a project to
repaint one of the water towers, which is estimated to cost $300,000.
He said that the Village is taking a methodical approach to evaluating
the system to strengthen its operations and create a capital improvement
Its a different story for the sewer system, which Hillard called
at a budget workshop problematic. While the funds revenue
is projected to exceed expenses, the system is not generating funds to
cover all of its capital needs, which, according to the budget, total
$457,000. The funds year-end balance of $104,000 represents 14.3
percent of operational costs.
The closing of Vernays plants will also affect the electric, sewer
and water system. The electric department is expected to see the biggest
decrease in revenue at $125,000. The sewer department expects to lose
$22,000 and water system is projected to lose $17,000.