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SHEPHERDSVILLE - As expected, the 2011-12 budget for the city of Shepherdsville will look a lot different than the one currently in place.
Shepherdsville councilmembers will vote on the new budget at its June 27 meeting.
Mayor Scott Ellis said supervisors have been working to shave over $3 million from the present budget in light of the deep financial crisis Shepherdsville has suffered.
The general fund will be cut by nearly $5 million, mainly due to the completion of the Highway 480 widening project. The proposed budget will be $6.5 million.
Spending in the water and sewer budget would increase from $9.4 million to $10 million.
For the general fund, revenues are expected to decrease due to less grant revenue in the police and departments.
With the increase in the occupational tax rate, the city expects to generate $700,000 more in 2011-12. But there are drops expected in the insurance tax and permits.
Gone will be $155,000 in donations received for work in the city park.
In terms of expenses, the administrative costs will increase by almost $700,000; however, that is the note payment on the borrowed funds.
The police budget is expected to decrease $500,000 to $2.1 million. Most of this is due to less employees, which saves money on salaries and benefits.
The fire department expenses will rise by $250,000 to $1.4 million due in part to the city’s portion of wages for six full-time firefighters that were provided through a grant.
The expenses in the public works department would drop to $427,200, a decrease in over $470,000. This is also due to a cutback in staffing.
There is expected to be a carryover of nearly $10,000 in general fund money by the end of the next fiscal year.
The major difference in the water and sewer fund came with the $3 million BRAC grant to make improvements in the sewer plant expansion.
Ellis, in response to a resident’s question about cuts, said the city has worked hard to make cuts. Salaries were frozen and some took substantial pay cuts as a 2006 ordinance was followed. Also, employees will be paying more of their insurance benefits.
The next meeting of the Shepherdsville City Council will be at 6:30 p.m. on Monday, June 27, at the government center. The public is invited.