Kahoka Council Approves FY 2010 City Budget
By Mike Scott
Kahoka’s Board of Aldermen approved a fiscal year 2010 budget that estimates city revenue to be $3,908,000 over the next year, while spending $3,805,100.
The budget, approved at a special meeting on Tuesday, March 31, shows the city’s General Revenue fund, which includes Fire, Police, Dog Catcher, Cemetery, Airport and Farm funds, will take in $382,200, and spend $395,900, leaving a net income of $22,300.
The pool is budgeted to take in $47,000, and spend all of it.
Street department income is expected to be $312,200, with $275,900 being spent.
Kahoka’s Water and Sewer department will take in $415,400, and spend $421,700.
The Electric department will bring in $2,421,900, while spending $2,325,600 over the next year.
The Cable department will have $329,300 in revenue, and spend $375,000.
The council also held public hearings on proposed rates for Cable, Water and Sewer reconnections, Rent-A-Light costs, and Electric rates.
The city proposed to increase cable rates by $2.50 per month, which would bring regular customers to $32.50, with a senior rate of $31.00.
A proposal to charge a $30 fee for water, sewer and electrical reconnections was also present. The fee would be charged for non-pay disconnects only.
The electric department proposed increasing the cost of rent-a-lights by $1.00 per month, up to $7.50 per month for the service.
Residential, commercial and industrial customers of electric service would see significant rate increases if the city’s rate proposal is enacted. Average residential users would pay approximately $26 more per month, average commercial customers would pay about $200 more, and industrial customers could pay over $6000 more per month.
For a complete budget summary and electric rate proposal details, vist our website at www.nemonews.net