User Login    
 + Register
TV Banner
News : TMU Releases Updated Budget Figures
Posted by Randy on 2014/4/17 9:46:28 (218 reads) News by the same author

Trenton Municipal Utilities has released updated budget figures for the fiscal year beginning May 1st.
Click to see original Image in a new window

The revisions were made after the Trenton City Council, on Monday night, did not allow a 1.5% pay increase for TMU workers. The pay increase was contained in the TMU budget approved last week by the Board of Public Works and sent to the City Council for final consideration.

The budget figures are slightly improved without the pay increases. However, the TMU waste water, electric, and water departments still have large declines in cash flow from the beginning of the fiscal year on May 1st to the end of the year on April 30th, of 2015.

The TMU operating budget shows profits in each of those departments. However, operating budgets do not include debt payments and capital projects.

When those figures are included, net cash is budgeted to decrease by more than $1.3 million in the waste water fund, $560,000 in the electric department, and by $362,000 in the water department.

That would leave unrestricted cash and investments on April 30th of next year at an estimated $1,657,000 in the electric department, $941,000 in the water department, and $756,000 in the waste water department.

Trenton Municipal Utilities is scheduled to transfer $120,000 to the City of Trenton in the upcoming fiscal year. That comes after nearly $111,000 was transferred from TMU to the City in the current fiscal year, which ends this April 30th. In addition, the City is not scheduled to pay for street lights this fiscal year or in the upcoming 12 month period. That's a loss to TMU of about $98,000 each year.

Combined, all of those figures total a loss for TMU of nearly $427,000.

Printer Friendly Page Send this Story to a Friend Create a PDF from the article


Other articles
2014/8/30 0:20:00 - Lexington Runs Over Trenton, 34-6
2014/8/29 16:07:54 - "Kaleidoscope Run" To Start Homecoming Week At THS
2014/8/29 15:51:13 - Trenton, In Return To Class 2, To Host District 16 Softball Tournament
2014/8/29 15:36:48 - Trenton Golfers Take Fifth Place At Lafayette Tournament
2014/8/29 15:32:52 - Drive One For Your School Event To Raise Money For Three Area School Districts
2014/8/29 15:27:34 - Princeton Chamber To Meet Concerning Cow Palace Repairs
2014/8/29 15:23:47 - NFL Suspends Former Mizzou Standout Aldon Smith For Nine Games
2014/8/29 15:21:23 - KC Chiefs Lose Preseason Finale, 34-14 At Green Bay
2014/8/29 15:00:00 - KC Royals Claim Veteran Jayson Nix Off Waivers
2014/8/29 10:05:43 - Lawson Softball Tips Chillicothe, 3-2
2014/8/29 9:51:45 - Truman State Hoops Coach Leaves For Pro Job
2014/8/29 9:50:00 - CHS Lady Hornet Volleyball Opens Season With Sweep Of Trenton
2014/8/29 9:40:04 - Softball Scoreboard : Gallatin Tips Milan 2-1
2014/8/29 9:22:50 - Savannah Tennis Beats Trenton, 8-1
2014/8/29 7:28:34 - Amber And Jim Shippen Latest Contributors To WMH Foundation
2014/8/29 6:20:30 - Hamilton Resident Life Flighted After Accident South Of Cameron
2014/8/29 5:21:37 - Trenton Downtown Improvement Association Approves Loans For Building Projects
2014/8/29 4:35:36 - Crews In Hazmat Suits Search Springfield Home For Ricin
2014/8/29 4:27:55 - Suspect In 6-Year-Old's Death Charged With First-Degree Murder
2014/8/29 4:23:52 - Missouri Unveils Aid Effort To Ferguson Businesses
2014/8/29 4:19:11 - Cat-Astrophic Revelation Purr-Turbs Hello Kitty Fans
2014/8/29 4:15:39 - 4-Year-Old Expelled Over His Mother's Facebook Post
2014/8/29 4:10:25 - Date Set For Local Recount On "Right To Farm" Issue
2014/8/29 4:03:50 - One Injury In Accident West Of Trenton
2014/8/28 15:01:25 - KC Royals Turning Back Clock To 1974
2014/8/28 14:50:00 - Milan Coaches Shows For Thursday, 8/28/14
2014/8/28 12:50:00 - Chillicothe Hornets Have Dominant Tennis, Golf Performances
2014/8/28 12:32:42 - KC Royals Urge Fans To "Wear Blue" For Rare Sunday Night Game
2014/8/28 12:27:24 - KC Royals Place Top Prospect Starling In Arizona Fall League
2014/8/28 12:21:45 - Brookfield Wins Extra-Inning Showdown With Penney, 3-2



Bookmark this article at these sites

                   

Listen to KTTN-FM