User Login    
 + Register
News : TMU Releases Updated Budget Figures
Posted by Randy on 2014/4/17 9:46:28 (250 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
2014/10/21 10:53:20 - Missouri Chomps Listless Florida, 42-13
2014/10/21 10:51:08 - Local Dream Factory Organization Raises 7 Thousand Dollars
2014/10/21 10:50:28 - KC Chiefs Grab Huge AFC West Win In San Diego
2014/10/21 10:50:00 - For First Time Since '85, World Series Returns To Kansas City
2014/10/21 10:46:38 - Firefighters Respond To RV Fire In Trenton
2014/10/21 10:43:58 - Two Jamesport Teens Injured In Saturday Wreck
2014/10/21 10:40:52 - Personal Body Cameras For Trenton Police Department Topic Of Open Line
2014/10/21 10:35:17 - Wright Memorial Hospital To Hold Sale At Old Hospital
2014/10/21 8:50:00 - Trenton Rallies For Win #2 At Concordia
2014/10/21 8:36:22 - State Champion Jefferson Eagles Have Four All-Staters
2014/10/21 8:20:56 - HDC Champion Winston Places Four Boys On First Team
2014/10/21 8:03:04 - Grand River Co-Champion Gallatin Bulldogs Place Three On Softball First Team
2014/10/21 7:48:21 - Trenton Lady Bulldogs Receive Six All-District Selections
2014/10/21 7:36:49 - Class 2 Quarterfinalist Brookfield Receives Postseason Awards
2014/10/21 4:36:33 - Airbag Defect Spurs Recall Of 4.7 Million Vehicles
2014/10/21 4:25:36 - Dish Loses 7 Channels In Contract Dispute With Turner Broadcasting
2014/10/21 4:20:59 - Survey Prompts Complaints By Missouri Parents
2014/10/21 4:15:49 - 13 Injured In Missouri School Bus Collision
2014/10/21 4:12:44 - State Sen. Nasheed Arrested At Protest In Ferguson
2014/10/21 4:02:26 - Democrats Love Seeing Minimum Wage On The Ballot
2014/10/21 3:59:36 - Oscar De La Renta, Legendary Designer, Dead At 82
2014/10/21 3:55:54 - Three Missouri Men Plead Guilty To Child Porn
2014/10/20 10:41:48 - Bosworth Resident Injured After Losing Control Of Vehicle
2014/10/20 10:38:13 - Meadville Resident Injured In Friday Morning Accident
2014/10/20 10:34:46 - Grundy County Circuit Court Holds Busy Session
2014/10/20 10:26:44 - Missouri Days Parade And Band Competition Results
2014/10/20 4:45:39 - Police: Toddler Beaten And Choked To Death For Soiling Pants
2014/10/20 4:40:49 - Obamacare And Wal-Mart Whack Part-Timers' Health Plans
2014/10/20 4:26:58 - Woman Rescued From Chimney Belonging To Man She Met Online
2014/10/20 4:15:33 - Missouri To Vote On Teacher Evaluation Changes



Bookmark this article at these sites

                   

Listen to KTTN-FM