The City of Jefferson ended 2009 in the black, according to the town’s recently released audit.
According to the audit, Jefferson netted $761,000 in its General Fund on the year, pushing its reserve funds to over $2.8 million.
In the city’s water and sewer fund, the town had a net loss of $260,000 on the year, however, over $671,000 of expenses were non-cash outlays.
In the general fund, most of the city’s revenue came from taxes with $2.9 million in property taxes. That was $220,000 more than originally anticipated. However, city sales tax income was below budget by $212,400.
Licenses and permit income was also below budget by $187,800 while fine and forfeiture income was $80,000 below budget.
On the expense side, the city’s police department was the town’s largest expense at $1.69 million, followed by the parks department at $1.1 million. Both were under budget.
08/10/10 at 10:43 PM
Disgusting article Mike! If they were over budget you would be so far down their throats, but because they were under budget it is a very small poorly written article. You are the biggest anti-government liberal I have ever heard from. I will be calling tomorrow to discontinue my subscription Jackson Herald, and I know this will make no difference to you but it will make me feel better.
08/11/10 at 08:19 AM
Well, when a government is doing what it's supposed to do and handling its money correctly, that's a good thing. But when a government screws up and mismanages tax money, that does merit a much deeper look. This story was on the front page, so I don't think it was somehow buried information.
BTW, saying I'm an "anti-government liberal" is something of an oxymoron. There's no such thing.
Are you kidding?
08/11/10 at 09:59 AM
Very Witty Mike! You are so right about the oxymoron! Good for Jefferson for finishing in the black this year.
Well this is just Great news to know.I was laid off today by the Jefferson Rec Dept due to not having the funds to keep me on.And now I read that they finished out the year under budget.Seems to me something is wrong with this picture.And I am sure the labor Dept will love to hear about this one.
08/13/10 at 07:23 AM
"extras" like the rec dept should be paid for by user fees only. if i don't use the facility, then i should not have my wallet robbed to pay for it. government should deal only in the necessities (public safety, utilities and infrastructure). if you want your kids to play ball then YOU pay for it, NOT me !!! if you can't afford it don't have kids. i should not have to pay for your poor choices.....