PUBLIC NOTICE
The City of Norris, Tennessee, hereby provides certain financial information for the 2019-2020 fiscal year budget in accordance with Tennessee Code Annotated §6-56-203. There will be a Public Hearing concerning the budget at the Community Building located at 20 Chestnut Drive, Norris, TN on Thursday, May 30, 2019 @ 6:00pm.  All citizens are welcome to attend and to participate.
         
CITY OF NORRIS, TENNESSEE
    ACTUAL ESTIMATED PROPOSED
     2017-2018   2018-2019   2019-2020 
110 - GENERAL FUND      
 Estimated Revenue      
  Local Taxes  $           919,436   $           920,000   $           956,500
  State of Tennessee(Including Grants)                   196,056                175,000                528,100
  Federal Government                       -                          -                          -  
  Other Sources                161,644                170,000                 99,675
   Total $        1,277,136   $        1,265,000   $        1,584,275
 Estimated Expenditures      
  Salaries  $           505,013   $           455,000   $           534,000
  Other Costs               759,169                729,000             1,123,840
   Total $        1,264,182   $        1,184,000   $        1,657,840
 Estimated Cash Balance      
  Beginning  $           392,104   $           405,058   $           486,058
  Ending  $           405,058   $           486,058   $           412,493
         
 Employee Full-Time Positions  $                   14   $                   12   $                   12
121 - STATE STREET AID FUND     
 Estimated Revenue      
  State of Tennessee  $             54,014   $             55,000   $             53,000
  Other Sources                       -                          -                          -  
   Total $             54,014 # $             55,000 # $             53,000
 Estimated Expenditures      
  Salaries  $                   -     $                   -     $                   -  
  Other Costs  $              2,919   $             64,000   $              5,000
  Transfer Out                       -                          -                          -  
   Total $              2,919 # $             64,000 # $              5,000
 Estimated Fund Balance      
  Beginning  $             42,837   $             93,932   $             84,932
  Ending  $             93,932   $             84,932   $           132,932
         
 Employee Positions 0 0 0
         
123 - Norris Watershed Board Fund     
 Estimated Revenue      
  Other Costs                80,005                 66,500                 68,950
   Total $             80,005 # $             66,500 # $             68,950
 Estimated Expenditures      
  Conservation of Natural Res.               91,031                 63,650                 68,150
   Total $             91,031 # $             63,650 # $             68,150
 Estimated Fund Balance      
  Beginning  $           189,710   $           178,684   $           181,534
  Ending  $           178,684   $           181,534   $           182,334
         
 Employee Part-time Positions2 4 4
         
128 - Refuse and Recycle Fund      
 Estimated Revenue      
  Charges for Services  $           126,015   $           130,000   $           130,000
  Oper. Transfer from Gen. FundTotal                      -                          -                          -  
     $           126,015 # $           130,000 # $           130,000
 Estimated Expenditures      
  Cost-Solid Waste Collection $           120,848   $           130,000   $           130,000
  Other Costs                       -       
   Total $           120,848 # $           130,000 # $           130,000
 Estimated Fund Balance      
  Beginning  $             32,335   $             37,502   $             37,502
  Ending  $             37,502   $             37,502   $             37,502
 Employee Positions 0 0 0