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:		Local Streets														Local 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	$	22,000			%		$	22,000					%		$	22,000.00			%		$	22,000.00			%		$	22,000.00
Other Taxes	$				%		$	-					%		$	-			%		$	-			%		$	-
State Revenue Sharing	$	30,000			%		$	30,000					%		$	30,000			%		$	30,000.00			%		$	30,000.00
Income Tax	$				%		$	-					%		$	-			%		$	-			%		$	-
Fines & Fees	$	1,900			%		$	1,900					%		$	1,900.00			%		$	1,900.00			%		$	1,900.00
Licenses & Permits	$				%		$	-					%		$	-			%		$	-			%		$	-
Interest Income	$	15			%		$	15					%		$	15			%		$	15.00			%		$	15.00
Grant Revenues	$				%		$	-					%		$	-			%		$	-			%		$	-
Other Revenues	$	-			%		$	-					%		$	-			%		$	-			%		$	-
Interfund Transfers (In)	$	17,000			%		$	17,000					%		$	17,000			%		$	17,000.00			%		$	17,000.00
Total Revenues	$	70,915					$	70,915							$	70,915					$	70,915					$	70,915
EXPENDITURES
General Government	$	2,500			%		$	2,500					%		$	2,500			%		$	2,500			%		$	2,500
Police and Fire	$				%		$	-					%		$	-			%		$	-			%		$	-
Other Public Safety	$				%		$	-					%		$	-			%		$	-			%		$	-
Roads	$	76,620			%		$	76,620					%		$	76,620			%		$	76,620			%		$	76,620
Other Public Works	$				%		$	-					%		$	-			%		$	-			%		$	-
Health and Welfare	$				%		$	-					%		$	-			%		$	-			%		$	-
Community & Economic Dev.	$				%		$	-					%		$	-			%		$	-			%		$	-
Recreation & Culture	$				%		$	-					%		$	-			%		$	-			%		$	-
Capital Outlay	$				%		$	-					%		$	-			%		$	-			%		$	-
Debt Service	$				%		$	-					%		$	-			%		$	-			%		$	-
Winter Maintenance	$	10,703			%		$	10,703					%		$	10,703			%		$	10,703			%		$	10,703
Interfund Transfers (Out)	$	-			%		$	-					%		$	-			%		$	-			%		$	-
Total Expenditures	$	89,823					$	89,823							$	89,823					$	89,823					$	89,823
Net Revenues (Expenditures)	$	(18,908)					$	(18,908)							$	(18,908)					$	(18,908)					$	(18,908)
Beginning Fund Balance	$	24,866					$	5,958							$	(12,950)					$	(31,858)					$	(50,766)
Ending Fund Balance	$	5,958					$	(12,950)							$	(31,858)					$	(50,766)					$	(69,674)
All Assumptions for all Budgets
No major changes in any area