City of Cambridge

Budget 2005-2006

City of Cambridge Annual Budget

CITY OF CAMBRIDGE
Ordinance No. 2, Series 2005-2006

An ordinance relating to the adoption of an annual budget for the City of Cambridge for the fiscal year July 1, 2005 through June 30, 2006, estimating revenues and resources and appropriating funds for the operation of city government.

Be it ordained by the City of Cambridge:

Section 1: The annual budget for the fiscal year beginning July 1, 2005 and ending June 30, 2006, is hereby adopted as follows:


Budget 05/06 Regular Account
7/1/05 through 6/30/06
Category Description Budget
____________________________________________________________________________________
INCOME
Cable Franchise Fee 900
Insurance Premium 7,000
Interest from CD’s 700
Interest Income 20
Real Property Tax 17,000
______
TOTAL INCOME $25,620

EXPENSES
Attorney Fee 1,350
Bank Charge 0
Bond Fee 100
JCLC Dues 100
JCLCCC Franchise Fee 145
KLC Dues 290
Liability Insurance 4,000
Miscellaneous, Bus 250
Property Evaluation Fee 525
Repairs & Maintenance 2,000
Sanitation 17,400
Treasurer Expense 590
Utilities – Gas & Electric 1,300
______
TOTAL EXPENSES $28,050


Budget Road Fund
7/1/05 through 6/30/06
Category Description Budget
_____________________________________________________________________________________
INCOME

Interest from RF CD’s 0
Interest Inc. from RF 0
LGEA Coal 2
LGEA Mineral 13
Road Fund Money 3,000
____
TOTAL INCOME 3,015

EXPENSES 0



Section 2: This ordinance shall take effect upon its passage and publication thereof as required by law.



First reading and introduction held on May 25, 2005
Second reading and adoption held on June 21, 2006


Published via mail on June 23, 2005 by Camille Mills.