City of Lawrence
Sales Tax Audit Committee
March 28, 2012 minutes
MEMBERS PRESENT: |
Ted Boyle, Timothy Bateman, Charlie Sedlock |
MEMBERS ABSENT: |
Jon King |
STAFF PRESENT: |
David L. Corliss, City Manager Casey Toomay, Budget Manager Robert Nugent, Transit Administrator |
PUBLIC PRESENT: |
None |
The meeting was called to order.
Toomay walked the committee through revenues and expenditures for the infrastructure sales tax and transit sales tax.
As of December 31, 2011, proceeds from the three City sales and use taxes received and receipted to the general fund totaled $7,739,888. This was 3.4% greater than what was expected for 2011 and a 5.6% increase over 2010 collections.
Proceeds were transferred to the appropriate funds as follows in 2011:
As of December 31, 2011, expenditures were as follows:
Residential street maintenance |
$550,000 |
Kasold, 23rd to 31st |
1,491,303 |
Fire Engine /PUC |
500,000 |
Public Safety Radios |
1,000,000 |
TOTAL |
$3,541,303 |
The minutes from the meeting on September 27, 2011 were reviewed and approved.
The meeting adjourned.