The City of Purcell anticipates taking in $26,125,081 in revenue during the 2019-20 fiscal year which began July 1.

That is reflected in the city’s budget.

That figure is $685,422 or 2.7 percent higher than FY 2017-18 revenue expectations of $25,439,659.

Anticipated revenue dipped $912,727 to $24,526,932 in FY 2018-19 for 3.6 percent.

The new fiscal year’s gain of $1,598,149 represents a 6.5 percent increase.

Total estimated uses amount to $26,069,789, leaving $55,292 earmarked as special revenue funds to cover emergencies and shortfalls.

That is the smallest reserve fund in three years.

With expenditure estimates totaling $24,391,597, the city went into FY 2018-19 with $135,335 in reserve.

And in FY 2017-18, there was $1,263,517 in reserve for emergency expenses.

The revenue breakdown for FY 2019-20 includes $12,430,110, charges for services; $6,388,500, taxes; $3,540,000, transfers in/sales tax pledge; $2,127,944, carryover; $855,430, accrued compensation liability; $685,202, transfers in/operations; $490,100, miscellaneous; $234,000, intergovernmental;  $130,000, fines and forfeitures; $63,200, licenses and permits; and $36,126, investment income.

Major expenditures include $5,444,134, electric; $3,092,913, Public Works Authority maintenance; $2,362,000, capital improvements; $1,971,476, police department; $1,245,866, water department, and $1,200,123, fire department.

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