Ad-Express and Daily Iowegian, Centerville, IA

March 8, 2012

Appanoose County Supervisors approve 2012-2013 budget

By Michael Schaffer - Managing editor
Daily Iowegian

CENTERVILLE — The Appanoose County Board of Supervisors voted 3-0 to approve their 2012-2013 budget as published during a special meeting Feb 21 at 7 p.m. in the Appanoose County Courthouse boardroom.

The 2010-2011 fiscal year county budget received $10,701,008 in total revenues and from other sources. Total expenditures and other uses for the same fiscal year were $9,934,324.

For fiscal year 2010-2011, the county realized a $766,684 profit and had a total ending fund balance of $7,811,276.

The 2011-2012 fiscal year county budget received $10,706,637 in total revenues and from other sources. Total expenditures and other uses for the same fiscal year were $11,143,263.

For fiscal year 2011-2012, the county realized a $436,626 deficit and had a total ending fund balance of $7,374,650.

The 2012-2013 fiscal year county budget is expected to receive $9,719,821 in total revenues and from other sources. Total expenditures and other uses for the same fiscal year are estimated at $10,808,393.

For fiscal year 2012-2013, the county is expected to realize a $1,088,572 deficit and have a total ending fund balance of $6,286,078.