#1636 BUDGET

ON  AUGUST  8th 2012 THE SOUTHSIDE WATER AND SEWER DISTRICT BOARD OF DIRECTORS PROPOSED AN ANNUAL BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2012  THE BOARD WILL EXPLAIN THE PROPOSED BUDGET  AND HEAR ANY AND ALL OBJECTIONS,THERETO, AT A PUBLIC HEARING WHICH WILL BE HELD IN CONJUNCTION WITH THE BOARD’S REGULAR MONTHLY MEETING, AT 2:00PM  ON SEPTEMBER 12 2012, AT THE WILDLIFE DISCOVERY CENTRE, 2100 LAKESHORE DRIVE, SAGLE.  THE BUDGET MAY BE EXAMINED DURING REGULAR BUSINESS HOURS (9:00PM TO 4:00PM MONDAY –THURSDAY AT THE DISTRICT OFFICE AT 114 SECOND AVENUE, SANDPOINT. (IC-Chapter 32 Title 42)

PROPOSED BUDGET FOR FISCAL YEAR 2012-2013

REVENUES

CHARGES FOR SERVICES   $344,400.00

LOCAL IMPROVEMENT ASSESSMENTS  $  84,387.00

CASH FROM LID SAVINGS   $  14,721.00

TOTAL REVENUES    $443,508.00

EXPENSES

ADMINISTRATIVE    $ 10,000.00

UTLITIES     $ 42,500.00

INSURANCE & BONDS    $   6,500.00

PROFESSIONAL FEES    $  16,000.00

ENGINEERING     $  35,500.00

REPAIR, MAINTENANCE & OPERATIONS  $  55,000.00

VEHICLE EXPENSE    $    3,000.00

PAYROLL,TAXES & BENEFITS   $133,800.00

WASTEWATER & WATER TESTING  $    5,500.00

ASSET FUND     $  36,600.00

LID      $  99,108.00

TOTAL EXPENDITURES    $443,508.00

Submitted

Jacqueline Albright, Treasurer

Southside Water and Sewer District

SNP Legal #1636

August 21, 2012