TABLE 2
SUMMARY OF 2005 BUDGET IMPACTS
GENERAL FUND
		2005
DESCRIPTION		CHANGE
Elected Official Salaries		$4,050
Employee Personal Service		$7,990
(includes salary increases, additional staffing and hours)
Benefits		($2,950)
Departmental Non-Personal Services		$600
Centralized Services		$1,900
Programs		$1,700
Debt Service		$1,000
SUBTOTAL - GENERAL FUND (EXCL. GRANT FUNDED)		$14,290		3.20%
HIGHWAY FUND
Employee Personal Service		$7,100
Benefits		($3,000)
Machinery Operation and Maintenance		$10,000
Debt Service on Highway Equipment		($4,900)
SUBTOTAL - HIGHWAY FUND (EXCL. ROAD BOND)		$9,200		1.38%
SUBTOTAL - TOWN-WIDE FUNDS		$23,490		2.11%
(EXCL. GRANT FUNDED AND ROAD BOND)
OTHER ITEMS
Citizens Planning Advisory Group		$4,000
(funded from County IDA Grant)
Road Reconstruction Bond Debt Service		$81,444
SUBTOTAL - OTHER ITEMS		$85,444
TOTAL INCREASE IN 2005 APPROPRIATED EXPENDITURES		$108,934
2005 BUDGETED OFFSETS TO APPROPRIATION INCREASES
Permits and Fees		$14,100
County IDA Grant		$4,000
Interest Earnings		$1,200
State Aid (Real Property Services, Youth Programs)		($5,200)
SUBTOTAL - BUDGETED OFFSETS TO APPROP. INCREASES		$14,100
INCREASE IN APPROPRIATED EXPENDITURES (NET OF OFFSET)		$94,834
INCREASE IN APPROPRIATED FUND BALANCE
TO REDUCE TAX IMPACT		$63,000
(2004 BUDGET = $29,000; 2005 BUDGET = $92,000)
NET INCREASE IN PROPERTY TAX LEVY - TOWNWIDE FUNDS		$31,834