River Pines, CA Change


0 0
Jenny Price
06/05/2014 12:29 PM

Ione City Manager Ed Pattison introduced the 2014-15 draft budget at Tuesday night’s Ione City Council meeting. Serving as the only item on the agenda, it made for an extensive topic that evening.

Ione is expected to see a growth in property and sales tax revenues of approximately five percent over the city’s current fiscal year. The city also hopes to receive money from the Ed Hughes Memorial Equestrian Center, the Mule Creek Project and the Wildflower project.

According to the paperwork, Ione brought in more money than originally projected for the 2013-14 year, accumulating $85,807 more than anticipated from property tax and $43,164 from sales tax, though losing nearly $14,000 in rental revenue.

An amount of $150,710, listed in the budget as miscellaneous, will be received from the California Department of Corrections and Rehabilitation for purchase of a used Wildland Fire Fighting Apparatus, and $27,390 in revenues that include a transfer from another city fund to Ione’s General Fund. The money will be used toward improvements on the Ed Hughes Memorial Center — improvements that the City Council approved at an earlier meeting, in May.

Ione’s total general fund, $1,923,308, for the projected 2014-15 budget is $309,673 more than the adopted budget for the year just ending. The budget layout also illustrated an $11,156 difference in network services and a $33,212 increase in professional and special services.

Overall, Ione finished its fiscal year with a $54,530 surplus.

Councilmembers have been allotted two weeks to review the budget plan, make notes and compose questions to be discussed at the budget’s final run-through at the end of June.

Copyright © 2016 Amador Ledger Dispatch
Write a comment...