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Budget |
| | LOCAL STREET FUND 2010-11 | | |
| LOCAL STREET FUND |
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| REVENUE |
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| The Village maintains its 17.3 miles of Local Streets with revenue received from the State of Michigan, under Act 51 of Public Act of 1951. The State uses a formula based on population, miles of roads, and a State-assigned factor to determine the amount of Act 51 payments. The General Fund subsidizes a portion of the Local Street Fund expenses, by contributing toward local street maintenance and improvements. The proposed budget includes a transfer from General Fund of $179,275, which is equivalent to approiximately .76 mills before the TIF capture, .89 mills after the TIF capture, or $28.65 per capita. |
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| Revenue Summary |
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| State Shared |
$109,800 |
| Transfer in From General Fund |
$179,275 |
| Total |
$289,075 |
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| EXPENSE |
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| General Administration covers a portion of administrative salaries (Manager, Clerk, Treasurer, DPS Superintendent) and fringe benefits, as well as general expenses such as the audit fee. Storm sewer maintenance is provided for underground lines, manholes, and catch basins, with ditching performed in areas where storm sewers are not available. The Village is finishing a multi-year project of marking manholes as required by the State through our stormwater management program. |
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| The traffic control activity maintains signage, street line marking, and guardrail maintenance and installation. Costs in the snow and ice activity include aproximately 1,275 hours of labor for plowing, salting, and sanding gravel streets and hauling snow from intersections. Street maintenance involves sweeping, patching, pavement replacement, shoulder grading, gravel road grading and dust control, litter clean up, grass mowing, and weed cutting. |
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| Capital outlay is budgeted for crack sealing. |
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| Expense Summary |
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| General Administration |
$31,125 |
| Storm Sewers |
$28,225 |
| Traffic Control |
$15,250 |
| Snow and Ice |
$78,675 |
| Maintenance |
$125,800 |
| Capital Outlay |
$10,000 |
| Total |
$289,075 |
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| FUND BALANCE |
| Fund Balance 6-30-09 |
$17,008 |
| Projected activity 2009-10 |
$0 |
| Projected Fund Balance 6-30-10 |
$17,008 |
| Projected activity 2010-11 |
$0 |
| Projected Fund Balance 6-30-11 |
$17,008 | |
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| LOCAL STREET FUND 2010-11 |
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| MILLAGE RATE HISTORY |
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VILLAGE OF MILFORD
MILLAGE RATE HISTORY
TAXABLE
VALUE
GENERAL
REFUSE
YEAR
(in millions)
OPERATING
COLLECTION
STREET
TOTAL
2010
232.5
3.4931
2.0029
5.4960
2009
270.2
3.4931
2.0029
5.4960
2008
276.5
3.4931
2.0029
5.4960
2007
276.8
3.4931
2.0029
5.4960
2006
270.0
3.4931
2.0029
5.4960
2005
248.7
3.5674
2.0455
5.6129
2004
233.3
3.5674
2.0455
5.6129
2003
213.4
3.6306
2.0818
3.2124
8.9248
2002
199.2
3.7195
2.1328
3.2911
9.1434
2001
193.1
3.7674
1.8000
3.3335
8.9009
2000
177.9
3.8377
1.8469
3.3957
9.0803
1999
166.3
3.8934
1.8091
3.4450
9.1475
1998
156.9
0.6000
1.8695
2.4695
1997
144.7
9.5574
1.9200
3.9652
15.4426
1996
134.1
9.6413
2.1400
4.0000
15.7813
1995
127.2
9.6413
2.3139
4.0000
15.9552
1994
118.8
9.5025
2.2806
11.7831
1993
108.8
9.7738
2.3457
12.1195
1992
100.1
10.1288
2.4309
12.5597
1991
95.3
10.1288
2.4309
12.5597
1990
84.6
10.5113
2.5227
13.0340
Downtown Development Authority levies additional ... |
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