Saint Joseph 2024-25 Budget

Saint Joseph 2024-25 Budget
The City of St. Joseph, Tennessee, hereby provides certain financial information for the Fiscal Year 2024 Budget in accordance
with the requirements of Tennessee Code Annotated, Title 6, Chapter 56, Section 206.
There will be a public hearing concerning the budget at the St. Joseph City Hall Hune 18, 2024 at 6:00 p.m. All citizens are
welcome to participate. The budget and all supporting data are public record and are available for public inspection by anyone at the
Office of the City Recorder.

General Fund
Actual Estimated Proposed
FY 2022-2023 FY 2023-2024 FY 2024-2025

Revenues:
Local Taxes 261,895 252,098 255,061
State of Tennessee 233,473 91,270 295,336
Federal Government – – –
Other Sources 81,422 121,030 134,050
Total Revenues 576,790 464,398 684,447
Expenditures:
Salaries 141,025 132,708 145,400
Other Uses 328,570 285,048 555,521
Total Expenditures 469,595 417,756 700,921
Beginning Fund Balance 487,420 594,615 641,257
Ending Fund Balance 594,615 641,257 624,783
Number of FTE Employees 5 5 5

State Street Aid Fund
Actual Estimated Proposed
FY 2022-2023 FY 2023-2024 FY 2024-2025

Revenues:
Local Taxes – – –
State of Tennessee 24,325 27,661 27,808
Federal Government – – –
Other Sources – – –
Total Revenues 24,325 27,661 27,808

Expenditures:
Salaries – – –
Other Uses 26,928 27,000 28,000
Total Expenditures 26,928 27,000 28,000
Beginning Fund Balance 7,356 4,753 5,414
Ending Fund Balance 4,753 5,414 5,222
Number of FTE Employees 0 0 0