Budget

 

PARKING AUTHORITY 2010-11

 
PARKING FUND
A Parking Authority was formed in fiscal year 1991-92 to oversee parking issues in the downtown district. The Authority is composed of seven members; three business owners or spouse, three property owners or spouse, and the Village Manager. Under this structure, a portion of the operating costs for maintaining downtown parking lots are paid from meter receipts, with the balance paid by special assessments levied against property owners in the district. The proposed budget includes a base fee of $140.00 per parcel and a per-deficiency fee of $55.00 per space.
The fund pays for a portion of two part-time ordinance officers' wages, fringe benefits, and vehicle costs; ordinance officers are responsible for parking enforcement and emptying parking meters. Department of Public Services' labor, fringes, and equipment rental costs for maintaining the lots (sweeping, striping, snow removal, etc.) are also paid from this fund. 
The Parking Authority is exploring the possibility of purchasing trash compactors for the downtown district, with funds budgeted under Capital Outlay. Capital Outlay also includes funding to reconstruct the east parking lot.
Revenue
Special Assessments $25,375
Parking Meter Receipts $32,000
Interest on Investments $450
Appropriation from Fund Balance $75,000
Total $132,825
Expense
Wages and Fringe Benefits $30,400
Operating Expenses $14,925
Capital Outlay $87,500
Total $132,825
GENERAL FUND REVENUE 2010-11
Property Taxes   The 2010 beginning taxable value for the Village is ...
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GENERAL FUND EXPENSE 2010-11
VILLAGE OF MILFORD 2010-2011 GENERAL FUND SUMMARY GENERAL FUND Legislative $7,225 Manager $103,375 Elections $0 Attorney $42,000 ...
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MAJOR STREET FUND 2010-11
MAJOR STREET FUND REVENUE The Village maintains its 7.3 miles of Major ...
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LOCAL STREET FUND 2010-11
LOCAL STREET FUND REVENUE The Village maintains its 17.3 miles of Local ...
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POLICE FUND 2010-11
VILLAGE OF MILFORD POLICE DEPARTMENT FUND The Milford Police are a department ...
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PARKING AUTHORITY 2010-11

DOWNTOWN DEVELOPMENT AUTHORITY 2010-11
DOWNTOWN DEVELOPMENT AUTHORITY The DDA is a commercial district revitalization organization ...
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SENIOR & DISABLED TRANSPORTATION 2010-11
SENIOR CITIZENS/RIDE WITH PRIDE TRANSPORTATION The Townships of Milford and Highland ...
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WATER/WASTEWATER FUND 2010-11
WATER AND WASTEWATER SYSTEMS The Department of Public Services (DPS) staff ...
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MILLAGE RATE HISTORY
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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