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Canaan Democrats

2006

2006 Canaan Budget Points of Interest:

  • Town Appropriations: $1,526,402
  • Total Town (non-highway) Appropriations: $712,314, 46.67% of whole
  • Total Highway Appropriations $814,088, 53.33% of whole
  • Personnel $667,024, 43.70%
  • Supplies, etc. $724,828, 47.49%
  • Equipment $220,880, 14.46%
  • Revenue: $887,593
  • Unexpended Balance: $475,000
  • Amount to be raised by taxes $163,809
  • All town employees got a 3% raise (except board members)
  • Town employees given health benefits on par with highway employees
  • $100,000 put in contingency fund for possible legal expenses
  • $300,000 in reserve for the salt shed
  • $50,000 to build bridge near Beebe Pond
  • Refuse fees from EAC went up $50,000 from last year
  • Mortgage tax revenue went up $25,000 from last year
  • Sales Tax revenue went up $25,000 from last year
2006 Budget Highlights Dollars % of total
APPROPRIATIONS
Town Budget Appropriations
General Government Support $391,823 25.67%
Public Safety $30,173 1.98%
Transportation $88,934 5.83%
Economic Assistance 0.00%
and Opportunity $6,000 0.39%
Culture and Recreation $27,937 1.83%
Home and Community Services $6,184 0.41%
Undistributed $61,100 4.00%
TOTAL Town Appropriations $712,314 46.67%
Highway Appropriation
General Repairs $240,236 15.74%
Improvements $67,307 4.41%
Bridges $50,000 3.28%
Machinery $180,765 11.84%
Snow Removal $147,620 9.67%
Employee Benefits $58,160 3.81%
Capital Equipment $70,000 4.59%
TOTAL Highway Appropriations 814088 53.33%
TOTAL CANAAN APPROPRIATIONS 1526402 100.00%
Personnel $667,024 43.70%
Supplies, etc $724,828 47.49%
Equipment $220,880 14.47%
$1,612,732
REVENUES
Highway revenues
Sales Tax $225,000 14.74%
State Reimbursements $83,207 5.45%
Transfer from Town Budget $158,536 10.39%
TOTAL Highway $466,743 30.58%
Unexpended Balance $25,000 1.64%
Town Revenues
Town Fees, penalties,
licenses, fines $15,100 0.99%
Building Permits $12,000 0.79%
Fines and Forfeitures $30,000 1.97%
EAC fees $225,000 14.74%
Gift- Water Fountain $10,000 0.66%
Miscellaneous $21,000 1.38%
State Aid
Per capita $7,700 0.50%
Mortgage Tax $100,000 6.55%
Property Tax Service $3,000 0.20%
Youth Program $1,550 0.10%
TOTAL REVENUE $887,593 58.15%

Total Unexpended Balance
(which includes the $300,000 for the salt
shed and the $10,000 for the water fountain)

$475,000
TOTAL REVENUE $1,362,593 89.27%
TOTAL APPROPRIATIOnS $1,526,402 100.00%
Amount to be raised by taxes $163,809 10.73%

Items of Interest


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