The Commerce Journal

Local News

November 7, 2013

Examining the new Commerce city budget

COMMERCE — The budget passed by the Commerce City Council for the currently fiscal year represents little change for last year,

The budget projects $4,691,240 in revenue and $4,616,331 in expenditures for a surplus of $74,909. The city saw a surplus of $385,987 over the last fiscal year.

The public library’s budget, which was a hot button issue last year, is $67,430, close to its total in 2011-12 and a $10,000 increase over last year. Parks and Recreation’s budget was cut approximately $70,000 from fiscal year 2013, which is still more than the department actually spent.



General Fund

The general fund’s revenue was increased by 0.78 percent from FY2013. Property taxes went down from $1.687 million to $1.609 million. Sales taxes were budgeted the same total as last year’s: $775,0000.

In this fiscal year, Hydro Aluminium will come completely on the city’s tax rolls and will be annexed into the city before the end of 2013. A FEMA grant of $183,750 will help the Commerce Fire Department train and hire part-time firefighters.

Budgeted expenses also increased for the general fund by 2.9 percent. The city is planning a $19,600 increase in funding for fuel for the city’s departments and $36,317 in additional funding to staff and operate the municipal court. The city is saving $42,000 this year due to the city pool’s closure.

The city also purchased a new pickup truck for public works and replaced two police cruisers at a cost of $27,326 of additional expense.

Water Fund

The city is expecting a 10 percent decrease in water collections for FY2014, although Cooper Lake revenue remains the same at $311,000. Budgeted expenses also decreased by 17 percent, due to the restructure of bond principal payments, and reductions in reservoir maintenance ($72,659), clarifier maintenance contract ($12,245), chemical/medical supplies ($15,000) and electric utility costs ($25,000).

Wastewater

Revenues are expected to improve in FY2014 by 8 percent, due to an increase of wastewater treatment costs collected by the city. The wastewater expenses are budgeted to decrease by 13 percent.

Note: Fiscal year 2014 (FY2014) runs from Sept. 1, 2013 until Aug. 31, 2014).

1
Text Only
Local News
  • DavidBrown.jpg Dallas Police Chief to speak at A&M-Commerce

    Dallas Police Chief David Brown will be on the Texas A&M University-Commerce campus on April 25 to give a speech in the Traditions Room of the Rayburn Student Center.

    April 16, 2014 1 Photo

  • University to host Korean Consul-General

    Texas A&M University-Commerce will host a distinguished international politician today as former ambassador and Consul-General of the Republic of Korea Suk-Bum Park visits the campus.

    April 15, 2014

  • CR 1081 Damage 2.jpg Storm damages Hunt County

    Although Commerce was not struck by the series of tornadoes that occurred on April 3, it bore much of the impact of the severe weather caused by the storm cell. 

    April 10, 2014 1 Photo

  • Food pantry assists the ‘working poor’

    When Bread of Life Church of the Nazarene took over a monthly food pantry from Word of Life Church in Commerce, Pastor Jan Wilton told members of the Commerce Lions Club she felt a need to help the Commerce community.

    April 9, 2014

  • CR 1081 Damage 2.jpg Tornado bigger than first thought

    Additional details were released Monday about the size and intensity of last week’s tornado which struck northern Hunt County.

    April 8, 2014 2 Photos

  • Drumming up some fun

    Have you ever wondered what it takes to be part of a drum line at a university?

    April 3, 2014

  • Teachers honored at Commerce board meeting

    The Commerce ISD Board of Trustees held open session on March 20 to recognize the achievements of the Commerce ISD Campus Teachers of the Year, as well as discuss the potential offering of non-core classes to students not enrolled in the district.

    April 1, 2014

  • Environmental project to beautify park

    As the drought continues in Texas, water conservation is a hot topic.

    March 31, 2014

  • Organization revamps Commerce Animal Shelter

    No-kill is love, according to Jennifer Caves.

    March 29, 2014

  • Annual Boots & BBQ set for April

    Tickets are on sale for the annual Boots & BBQ celebration and fundraiser hosted by the Commerce Schools Educational Enrichment Foundation. The event is scheduled for 6 p.m. April 12 at Commerce High School.

    March 27, 2014

Featured Ads

Poll

What should be new A&M-C women's basketball coach Jason Burton's goals for the 2014-15 season?

Winning 10 games
Winning and LSC tournament game
His focus should be on recruiting/building the team, rather than immediate success
     View Results
Must Read
Facebook
AP Video
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide