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PIONEER VILLAGE - Despite an economic downturn over the past couple of years, the city of Pioneer Village appears to be in fine shape financially.
The Pioneer Village City Council reviewed a favorable audit prepared by David Buchenberger with assistance from city clerk Ricki Daniels.
Buchenberger told the council that the city appeared to be doing well and that finances were in order.
“The budgets are well-maintained and are in compliance,” he said.
Once the council approved the audit, city attorney Mark Edison presented the first reading of the 2012-13 fiscal year budget.
The budget includes $500,000 of total estimated revenue, including $50,000 carried over from the 2011-12 budget.
The biggest appropriation allowed for in the proposed budget was more than $365,000 for the city’s police department, up about $6,000 from the previous year.
Also included in a separate account is $106,000 in revenue in the municipal road aid fund, which now includes LGEA money.
Mayor Gary Hatcher said the city previously included LGEA funding within the budget’s general fund. He said LGEA would now be included with municipal road aid.
Buchenberger noted to the council that the LGEA money should not be mixed with general fund revenue because it must be implemented toward specific areas.
Edison said the funding could be implemented toward municipal projects such as roadway improvements. He reminded that the funds could not be put toward city administration or salaries.
A second reading of the budget ordinance and approval vote will take place at the June business meeting.
In other business:
-Edison presented two amended resolutions pertaining to city boundaries.
According to Edison, the resolutions referenced city maps that were supplied to the Kentucky Secretary of State’s office.
Two of the maps in question included slight errors. Edison said each map contained an area where a directional guide was listed incorrectly.
- The council tabled a contract renewal with Harned Engineering, the company that helps the city in complying with storm water drainage regulations.
Edison mentioned the contract renewal did not include information on hourly rates. He would contact the company prior to the June meeting for the information.
The next meeting of the Pioneer Village City Council takes place Tuesday, June 26, 7:30 p.m., at Becknell Hall. The public is invited to attend.