Projected Budget Report
Local Government Name:		Village of Colon														Village of Colon
Local Unit Code:		753030														753030
Current Fiscal Year End Date:		3/31/2015														3/31/2015
Fund Name:		Major Streets														Major Streets
REVENUES		Current Year Budget		Percentage Change				Year 2 Budget		Assumptions		Percentage Change				Year 3 Budget		Percentage Change				Year 4 Budget		Percentage Change				Year 5 Budget
Property Taxes	$				%		$	-					%		$	-			%		$	-			%		$	-
Other Taxes	$				%		$	-					%		$	-			%		$	-			%		$	-
State Revenue Sharing	$	65,000			%		$	65,000					%		$	65,000			%		$	65,000.00			%		$	65,000.00
Income Tax	$				%		$	-					%		$	-			%		$	-			%		$	-
Fines & Fees	$	3,000			%		$	3,000					%		$	3,000.00			%		$	3,000.00			%		$	3,000.00
Licenses & Permits	$				%		$	-					%		$	-			%		$	-			%		$	-
Interest Income	$	20			%		$	20					%		$	20			%		$	20.00			%		$	20.00
Grant Revenues	$				%		$	-					%		$	-			%		$	-			%		$	-
Other Revenues	$	-			%		$	-					%		$	-			%		$	-			%		$	-
Interfund Transfers (In)	$				%		$	-					%		$	-			%		$	-			%		$	-
Total Revenues	$	68,020					$	68,020							$	68,020					$	68,020					$	68,020
EXPENDITURES
General Government	$	5,000			%		$	5,000					%		$	5,000			%		$	5,000			%		$	5,000
Police and Fire	$				%		$	-					%		$	-			%		$	-			%		$	-
Other Public Safety	$				%		$	-					%		$	-			%		$	-			%		$	-
Roads	$	63,296			%		$	63,296					%		$	63,296			%		$	63,296			%		$	63,296
Other Public Works	$				%		$	-					%		$	-			%		$	-			%		$	-
Health and Welfare	$				%		$	-					%		$	-			%		$	-			%		$	-
Community & Economic Dev.	$				%		$	-					%		$	-			%		$	-			%		$	-
Recreation & Culture	$				%		$	-					%		$	-			%		$	-			%		$	-
Capital Outlay	$				%		$	-					%		$	-			%		$	-			%		$	-
Debt Service	$				%		$	-					%		$	-			%		$	-			%		$	-
Winter Maintenance	$	8,185			%		$	8,185					%		$	8,185			%		$	8,185			%		$	8,185
Interfund Transfers (Out)	$	-			%		$	-					%		$	-			%		$	-			%		$	-
Total Expenditures	$	76,481					$	76,481							$	76,481					$	76,481					$	76,481
Net Revenues (Expenditures)	$	(8,461)					$	(8,461)							$	(8,461)					$	(8,461)					$	(8,461)
Beginning Fund Balance	$	9,149					$	688							$	(7,773)					$	(16,234)					$	(24,695)
Ending Fund Balance	$	688					$	(7,773)							$	(16,234)					$	(24,695)					$	(33,156)
All Assumptions for all Budgets
No major changes in any area