Livingston County Clerk Sherry Parks conducted a public hearing for the 2014 budget Tuesday in the County Commission Room at the courthouse.
Parks stated that the budget came together “very well,” noting that the County Revenue Fund had approximately $38,000 more to begin the 2014 fiscal year than the 2013 fiscal year, and the Law Enforcement Sales Tax Fund had approximately $105,000 more to begin the 2014 fiscal year than the 2013 fiscal year.
Commissioners were able to enhance employee’s salaries and benefits in three categories, according to the proposed budget. Employees who currently contribute to CERF now only contribute 2 percent rather than the 4 percent they have had to contribute in the past; the county will pay the other 2 percent.
The budget also reflects a bridge insurance plan to all full-time employees and elected officials. The commissioners voted to give a graduated cost of living adjustment to all employees, ranging from 2 to 4.5 percent. All elected officials will receive 2 percent adjustment.
The road and bridge budget will include funding for a new pickup and new backhoe, along with a BRO bridge project. The Law Enforcement Sales Tax Fund will supplement the County Revenue Fund by $40,000 for the board of prisoners at the Daviess/Dekalb Regional Jail. In the Sheriff's County Revenue budget there is funding for one additional personnel position as office staff.
There will be two additional vehicles purchased for the Sheriff's Department, one used and one new patrol car. A $9,000 grant from the Missouri Department of Public Safety will be applied to the purchase of the vehicles, and the rest of the money will come from the Law Enforcement Sales Tax Fund.
The Commission's Public Hearing for the 2014 budget will be held at 9:30 a.m. Friday, Jan. 31 in the County Commission Room. There must be a minimum 10 days between the two public hearings, according to state statutes, and no expenditures can be made until the budget is finalized. After the Commission’s Public Hearing, the budget will be finalized and county expenditures can begin for the 2014 fiscal year.
As of Jan. 1, 2014, the total net cash available was $979,640, which is 24 percent more than the net cash available Jan. 1, 2013. The 2014 budget estimates total revenue at $5,161,588, a little more than 4 percent more than the estimated total revenue for 2013. The total funds available is estimated to be $6,141,228. Total expenditures are estimated to be $5,795,666, about 6.5 percent more than last year's estimated total expenditures. The estimated ending cash balance is $345,562, about 14 percent more than last year’s estimated ending fund balance.