King City City Council adopts 2014-15 budget
Total fiscal year budget is nearly $5.4 million
The King City City Council on June 4 unanimously adopted the 2014-15 budget with $5,370,733 in total appropriations.
The general fund budget is $2,164,853 with the following expenditures: $24,130 for City Council expenses, $657,238 for administration costs, $857,785 for police services, and $625,700 for general services.
The street fund of $511,900 includes $126,520 for materials and services, $250,000 for capital outlay, $43,429 for transfers and $91,951 in contingency funds.
The city's local option levy provides $190,000 for additional police services.
Parks system development charges total $504,880 and include $10,000 for capital outlay, $11,929 for transfers and $482,951 in contingency funds.
The transportation improvement fund includes $124,800 in contingency funds, and the transportation development tax totals $1,874,300 in contingency funds.
The new fiscal year begins July 1, 2014, and runs through June 30, 2015.
The council also voted 5 to 0 to approve another three-year intergovernmental agreement with Washington County to participate in the Community Development Block Grant program.