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PUBLIC NOTICE

PUBLIC NOTICE

THE CITY OF LENOIR WILL HOLD A PUBLIC HEARING ON THE STATED BUDGETS FOR FISCAL YEAR
BEGINNING JULY 1, 2019 & ENDING JUNE 30, 2020 ON MONDAY, JUNE 24, 2019 AT 5:50 PM AT THE LENOIR CITY
COUNCIL ROOM, 530 HIGHWAY 321 NORTH LENOIR CITY TN 37771
CITY OF LENOIR CITY. TN
PROPOSED BUDGET FOR FISCAL YEAR ENDING JUNE 30, 2020

Budget
2017-2018 Actual

FUND NAME

Year End Estimates
2018-2019

Proposed Budget
2019-2020

GENERAL FUND
Estimated Revenue
Local Taxes

4,703,207

4,702,114

5,100,114

State of TN.

1,309,209

1,007,321

1,022,714

Other Sources

5,266,035

5,238,107

5,113,749

11,278,451

10,947,542

11,236,577

Total Est. Revenue

212,500

138,192

93,391

11,490,951

11,085,734

11,329,968

Salaries

4,485,587

4,781,706

4,856,688

Other Costs

7,005,364

6,304,028

6,473,280

11,490,951

11,085,734

11,329,968

Est. Beg Funds

4,779,308

4,566,808

4,428,616

Est. Ending Funds

4,566,808

4,428,616

4,335,225

79

79

79

Service Charges

335,011

371,257

370,000

Total Est. Revenue

335,011

371,257

370,000

370,000

Fund Balance to Utilize
Total Revenue Fund Available
Estimated Expenditures

Total Est Expenditures

Full Time Positions
SANITATION FUND
Estimated Revenue

Estimated Expenditures
Other Costs

335,533

371,185

Total Est Expenditures

335,533

371,185

370,000

31,208.00

31,280.00

31,280.00

Est Revenues

290,125

275,275

275,275

Est Expenditures

287,461

275,275

275,275

Est Beg funds

51,377

54,041

54,041

Est ending funds

54,041

54,041

54,041

Est Revenues

493,455

552,269

552,000

Est Expenditures

457,072

421,590

551,000

0

36,383

167,062

36,383

167,062

168,000

Est. Ending Funds
STATE STREET AID FUND

STORMWATER FUND

Est Beg funds
Est ending funds
The following donations to charitable organizations are included in the 2019-2020 Budget
Smokey Mountain Service Dogs

$1,000

Loudon County Senior Citizens

$1,250
$4,000

Child Advocacy

$30,000

Loudon County Visitors Bureau

$600

Loudon County Project Lifesaver
Loudon County Chamber Commerce

$7,050

Iva's Place

$5,000
$500

Loudon County Senior Home Assist's

$2,500

Loudon County Animal Shelter

$1,000

Loudon County Young Life

$10,000

Good Samaritan Center
Helen Ross Child & Family

$1,000

Lenoir City Museum

$1,500
$500

CASA
Loudon County Health Improvement

$500

Loudon County Boys and Girls Club

$5,500

Men's Health Network
Lenoir City Education Foundation

$500
$1,000

Total donations for 2019-2020

$73,400

THE CITY OF LENOIR WILL HOLD A PUBLIC HEARING ON THE STATED BUDGETS FOR FISCAL YEAR
BEGINNING JULY 1, 2019 & ENDING JUNE 30, 2020 ON MONDAY, JUNE 24, 2019 AT 5:55 PM AT THE LENOIR CITY
COUNCIL ROOM, 530 HIGHWAY 321 NORTH LENOIR CITY TN 37771
PUBLIC NOTICE

CITY OF LENOIR CITY. TN
PROPOSED BUDGET FOR FISCAL YEAR ENDING JUNE 30, 2020
FUND NAME

BUDGET

YEAR END ESTIMATED

PROPOSED BUDGET

2017-2018 ACTUAL

2018-2019

2019-2020

GENERAL PURPOSE SCHOOL FUND
Estimated Revenue
Local Taxes

9,606,239

9,368,607

9,368,607

State of TN

10,273,980

10,728,760

11,040,046
870,400

Federal Thru State

764,313

859,843

2,373,323

2,295,582

309,720

23,017,855

23,252,792

21,588,773

Salaries

12,617,293

12,738,510

13,174,246

Other Costs

11,429,626

10,977,031

9,244,469

Total Est Expenditures

24,046,919

23,715,541

22,418,715

Est Beg. Funds

6,602,901

5,573,837

5,111,088

Est Ending Funds

5,573,837

5,111,088

4,284,103

253.5

253.5

254.5

Other Sources
Total Est Revenue
Estimated Expenditures

Employee Positions
FOOD SERVICE FUND
Estimated Revenue
State of TN
Federal Thru State
Other Sources
Total Est Revenue

9,592

9,291

11,000

826,696

897,964

935,400

238,300

357,115

348,600

1,074,588

1,264,370

1,295,000

Estimated Expenditures
Salaries

390,437

411,949

450,500

Other Costs

674,190

850,564

842,524

Total Est Expenditures

1,064,627

1,262,513

1,293,024

Est Beg. Funds

317,913

327,874

328,874

Est Ending Funds

327,874

328,874

330,850

21.5

20.5

20.5

Employee Positions
EDUCATION DEBT SERVICE FUND
Estimated Revenue
Local Taxes

970,118

1,001,125

1,001,125

Total Est Revenue

970,118

1,001,125

1,001,125

846,836

842,732

847,232

Estimated Expenditures
Debt Service Cost

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