CITY OF LAKESIDE PARK, KENTUCKY
ORDINANCE No. 07-2025
AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE FISCAL YEAR JULY 1, 2025, THROUGH JUNE 30, 2026, BY ESTIMATING REVENUES AND RESOURCES AND APPROPROATING FUNDS FOR THE OPERATION OF CITY GOVERNMENT FOR THE CITY OF LAKESIDE PARK, KENTUCKY
WHEREAS, an annual budget proposal and message has been prepared and delivered to the City Council for the City of Lakeside Park, Kentucky; and
WHEREAS, the City Council has reviewed such budget proposal and made necessary modifications and recommendations; and
NOW, THEREFORE BE IT ORDAINED BY THE CITY OF LAKESIDE PARK, KENTUCKY THAT THE ANNUAL BUDGET FOR THE FISCAL YEAR JULY 1, 2025, THROUGH JUNE 30, 2026, SHALL BE ADOPTED AS FOLLOWS:
SECTION I
See attached EXHIBIT “A”, which is incorporated by reference herein, the same as if fully set out below.
SECTION II
This ordinance shall take effect and be in full force from and after its passage, publication, and recording, according to law.
FIRST READING: May 12, 2025
SECOND READING: June 9, 2024
APPROVED: by HON. PAUL K. MARKGRAF, MAYOR
ATTEST by: TERESA BRUCK, CITY CLERK/TREASURER
AYES: 5
NAYS: 1
ABSTAIN: 0
PUBLISHED: 6/12/2025
2025-2026
General fund KMRA Special Projects Total
Income
0100 · Taxes
0110 · Real Property Taxes 835,000.00 total funds 835,000.00
0120 · Franchise Fees 50,000.00 total funds 50,000.00
0130 · Motor Vehicle Taxes/Ad Valorem 80,000.00 total funds 80,000.00
0140 · Personal Property Taxes/Tangible 100,000.00 total funds 100,000.00
0150 · Payroll Taxes 200,000.00 total funds 200,000.00
0100 · Taxes – Other 0.00 total funds 0.00
Total 0100 · Taxes 1,265,000.00 total funds 1,265,000.00
0200 · Licenses & Permits
0210 · Occupational License fees 200,000.00 total funds 200,000.00
0220 · Insurance Premium Fees 450,000.00 total funds 450,000.00
0200 · Licenses & Permits – Other 0.00 total funds 0.00
Total 0200 · Licenses & Permits 650,000.00 total funds 650,000.00
0300 · Fines & Forfeitures
0310 · City Citations 1,500.00 total funds1,500.00
0320 · Penalties & Interest (RE) 3,000.00 total funds 3,000.00
0300 · Fines & Forfeitures – Other 0.00 total funds 0.00
Total 0300 · Fines & Forfeitures 4,500.00 total funds 4,500.00
0400 · Intergovernmental Revenues
0420 · KY Municipal Road Aid Fund 0.00
0420 · KY Municipal Road Aid Fund – Other 58,000.00 total funds 58,000.00
Total 0420 · KY Municipal Road Aid Fund 0.00
0400 · Intergovernmental Revenues – Other 50,000.00 total funds 50,000.00
Total 0400 · Intergovernmental Revenues 50,000.00 plus 58,000.00 total funds 108,000.00
0500 · Charges for Services
0510 · Waste Collection 120,000.00 total funds 120,000.00
0520 · Recreational Activities 5,500.00 total funds 5,500.00
0500 · Charges for Services – Other 0.00 total funds 0.00
Total 0500 · Charges for Services 125,500.00 total funds 125,500.00
0600 · Other Revenues
0610 · Interest – FDIC Overage Accts. 0.00 total funds 0.00
0620 · Reserved 0.00 total funds 0.00
0625 . Interest – Republic Bank CD 29,000.00 & MM 22,000.00
0630 · Interest – KMRA Fund #30 2,000.00 plus 1,000.00 total funds 3,000.00
0626 · Interest Income – Stockyards Bank CD & MM 12,500.00 total funds 12,500.00
0627 · Interest Income – First National Bank CD & MM 20,000.00
0640 · Miscellaneous Revenues 0.00
0641 · Reimbursements 0.00
0640 · Miscellaneous Revenues – Other 1,000.00 total funds 1,000.00
0642 -Refunds (In & Out) 50,000.00
Total 0640 · Miscellaneous Revenues 0.000650 ·
Adopt-A-Unit Contributions 2,500.00 total funds 2,500.00
0670 – Interest – Recreation 60.00 total funds 60.00
0680 – Interest – Central Bank CD & MM 26,000.00 total funds 26,000.00
0690 · Accumulated Funds Transfer 0.00
0600 · Other Revenues – Other 0.00
Total 0600 · Other Revenues 143,060.00 plus 1,000.00 plus 22,000.00 total funds 166,060.00
Total Income 2,238,060.00 plus 59,000.00 plus 22,000.00 total funds 2,319,060.00
Available Balances from prior FY 2,500,000.00 plus 80,500.00 plus 700,000.00 total funds 3,280,500.00
Gross Funds Available 4,738,060.00 plus 139,500.00 plus 722,000.00 total funds 5,599,560.00
Expense
1100 · Personnel & Attendance Fees
1121 – CERS 30,000.00 total funds 30,000.00
1111 · Mayor 5,750.00 total funds 5,750.00
1112 · Council 12,000.00 total funds 12,000.00
1113 · Attorney 2,400.00 total funds 2,400.00
1114 · Clerk/Treasurer 58,500.00 total funds 58,500.00
1115 · Board of Adjustments 4,200.00 total funds 4,200.00
1116 · Payroll Taxes & FICA 15,000.00 total funds 15,000.00
1117 · Recreation Director 16,000.00 total funds 16,000.00
1118 · Public Works Director 58,000.00 total funds 58,000.00
1119 · Temporary Help 5,000.00 total funds 5,000.00
1120 · P/T Deputy City Clerk 37,500.00 total funds 37,500.00
1100 · Personnel & Attendance Fees – Other 0.00 total funds 0.00
Total 1100 · Personnel & Attendance Fees 244,350.00 total funds 244,350.00
1200 · City Building Expenses
1201 · General Maintenance 4,000.00 total funds 4,000.00
1202 · Supplies/Equipment 5,000.00 total funds 5,000.00
1203 · Gas/Electric 5,500.00 total funds 5,500.00
1204 · Water/Sanitation 3,000.00 total funds 3,000.00
1200 · City Building Expenses – Other 20,000.00 total funds 20,000.00
Total 1200 · City Building Expenses 37,500.00 total funds 37,500.00
1300 · Office Expenses
1301 · Postage/Delivery 3,000.00 total funds 3,000.00
1302 · Website 1,000.00 total funds1,000.00
1303 · Printing 3,000.00 total funds 3,000.00
1304 · Supplies/Equipment 6,000.00 total funds 6,000.00
1305 · Telephone 5,500.00 total funds 5,500.00
1306 · Equipment Repairs 1,000.00 total funds 1,000.00
1307 · Internet 3,500.00 total funds 3,500.00
1308 · IT-Tech 25,000.00 total funds 25,000.00
1309 · Miscellaneous Office 8,000.00 total funds 8,000.00
1300 · Office Expenses – Other 1,000.00 total funds 1,000.00
Total 1300 · Office Expenses 57,000.00 total funds 57,000.00
1400 · Permit Expenses
1401 · Zoning 9,000.00 total funds 9,000.00
1402 · Code Enforcement Officer 0.00 total funds 0.00
1400 · Permit Expenses – Other 0.00 total funds 0.00
Total 1400 · Permit Expenses 9,000.00 total funds 9,000.00
1500 · Insurance Expenses
1501 · Liability Ins. 6,000.00 total funds 6,000.00
1502 · Workman’s Comp. 2,500.00 total funds 2,500.00
1503 · Bond 1,000.00 total funds 1,000.00
1504 · Unemployment 0.00 total funds 0.00
1505 · Health Insurance 0.00
1510 · Health Insurance Reimbursement 0.00 total funds 0.00
1505 · Health Insurance – Other 25,000.00 total funds 25,000.00
Total 1505 · Health Insurance 0.00 total funds 0.00
1506 · City Building 1,000.00 total funds 1,000.00
1507 · City Vehicle 1,500.00 total funds 1,500.00
1508 . Basic Life and AD&D $20,000 coverage 50.00 total funds 50.00
1500 · Insurance Expenses – Other 0.00 total funds 0.00
Total 1500 · Insurance Expenses 37,050.00 total funds 37,050.00
1600 · Miscellaneous Expenses
1601 · Dues & Meeting Fees 5,000.00 total funds 5,000.00
1602 · Gen. Misc./Grants (TBNK) 12,000.00 total funds 12,000.00
1603 · Recreation Expenses 16,500.00 total funds 16,500.00
1604 · Travel/Meals/Lodging 2,000.00 total funds 2,000.00
1605 · Training 1,000.00 total funds 1,000.00
1606 · Adopt-a-Unit Expenses 2,500.00 total funds 2,500.00
1607 · Refunds (In & Out) 50,000.00 total funds 50,000.00
1600 · Miscellaneous Expenses – Other 0.00 total funds 0.00
Total 1600 · Miscellaneous Expenses 89,000.00 total funds 89,000.00
1700 · Legal & Accounting
1701 · Advertising 2,000.00 total funds 2,000.00
1702 · Audit 11,000.00 total funds 11,000.00
1703 · PVA Assessment 20,000.00 total funds 20,000.00
1704 · City Attorney 35,000.00 total funds 35,000.00
1705 · Other Legal 10,000.00 total funds 10,000.00
1706 · Misc. Legal & Accounting 2,000.00 total funds 2,000.00
1700 · Legal & Accounting – Other 0.00 total funds 0.00
Total 1700 · Legal & Accounting 80,000.00 total funds 80,000.00
1800 · City Vehicle Expenses
1802 · Gasoline 1,750.00 total funds 1,750.00
1803 · Repair/Maintenance 1,000.00 total funds 1,000.00
1800 · City Vehicle Expenses – Other 0.00 total funds 0.00
Total 1800 · City Vehicle Expenses 2,750.00 total funds 2,750.00
2000 · Public Safety
2001 · Animal control 4,750.00 total funds 4,750.00
2002 · Fire & EMS Contract 392,250.00 total funds 392,250.00
2003 · Police 790,000.00 total funds 790,000.00
2000 · Public Safety – Other 0.00 total funds 0.00
Total 2000 · Public Safety 1,187,000.00 total funds 1,187,000.00
3000 · Public Works
3001 · Engineering Expenses 90,000.00 total funds 90,000.00
3002 · Storm Sewer Maint. 2,000.00 total funds 2,000.00
3003 · Street Repair/Maint. 0.00
3003PARK 0.00
3003KMR · Street Repair/Maintenance – KMR 0.00
3003 · Street Repair/Maint. – Other 0.00
Total 3003 · Street Repair/Maint. 470,000.00 plus 50,000.00 total funds 520,000.00
3004 · Street Lights 10,500.00 total funds 10,500.00
3005 · Traffic Lights 1,250.00 total funds 1,250.00
3006 · Tree Services 14,000.00 total funds 14,000.00
3007 · Capital Improvements 10,000.00 total funds 10,000.00
3008 · Contracts Payable – Prior Year 0.00 total funds 0.00
3009 · Snow Removal 25,000.00 total funds 25,000.00
3010 · Grass Cutting 13,500.00 total funds 13,500.00
3011 · Street Sweeping 5,000.00 total funds 5,000.00
3012 · PW Equipment & Maintenance 20,000.00 total funds 20,000.00
3013 · Waste Collection & Recycling 120,000.00 total funds 120,000.00
3000 · Public Works – Other 0.00 total funds 0.00
Total 3000 · Public Works 781,250.00 plus 50,000.00 total funds 739,250.00
Total Expense 2,524,900.00 plus 50,000.00 total funds 2,482,900.00
Gross Funds Available 4,738,060.00 plus 139,500.00 plus 722,000.00 total funds 5,599,560.00
Excess Funds 2,213,160.00 plus 89,500.00 plus 722,000.00 total funds 3,116,660.00