HomeMy WebLinkAbout2014-06 Revised 2014-2015 Budget
---------- Forwarded message ----------
From: Mike McGinness <mmcginness@mcginness-shaw.com>
Date: Tue, Jun 17, 2014 at 11:52 AM
Subject: Revised 2014-2015 Budget
To: Brent Miles <brent@northpointkc.com>, "Donald P. Coleman"
<colemanheavyconst@yahoo.com>, donpcoleman@yahoo.com, Jeff Goodwin
<jeffg@completehomeconcepts.com>, Richie Benninghoven <rcb@usckc.com>,
Ron Super <rsuper@kc.rr.com>
Cc: Ben Drake <ben.rqbld@gmail.com>
Board members,
We have made the changes in the budget which the Board
discussed yesterday at the special meeting. The revised budget is
attached for your review prior to the Board meeting.
As you go through the revised budget, please consider the
following comments:
1. The compensation figure was not changed. Depending on the
Board’s decision on funding the employees’ health insurance, the
compensation figure will need to be adjusted.
2. The health insurance figure has stayed the same as in the
current budget. The Board’s intent is to amend the budget prior to the
August Board meeting. If the Levee District increases the compensation
paid to Ben, Kevin and Gary to pay for health insurance costs, then this
item in the budget will be reduced to zero.
3. The amounts shown in the preliminary budget for project-related
engineering, legal and field observation services, has been reduced to
zero for each item. The Board decided to pay any project-related
expenses from the Project Reserve Fund.
4. The amounts shown in the preliminary budget for the reserve
accounts remains unchanged.
The revisions which have been made to the budget reduce the O&M
portion of the budget by $11,212.00 and a slight reduction in the
Collector’s commission. The overall effect of the revisions is to
reduce the maintenance tax from $760,015.00 as shown in the preliminary
budget to $749,700.00 in the revised budget.
All of the figures relating to the installment taxes and the debt
service payments remain the same as shown in the preliminary budget.
The budget will be presented at the Board meeting tomorrow for your
approval. Please contact my office should you have any questions or
comments about the revisions made to the budget. Thank you.
Michael McGinness
Melinda Sluder
McGinness & Shaw, LLC
303 Marshall Road, Suite 1
P.O. Box 168
Platte City, MO 64079
Tel: 816-858-2630
Fax: 816-431-5086
msluder@mcginness-shaw.com
NOTICE: All Missouri Lawyers are required to notify recipients of
e-mail that (1) e-mail is not a secure method of communication, (2) any
e-mail sent to you or by you may be copied and held by various computers
that it passes through in its route between sender and receiver, and (3)
persons not participating in this communication may intercept this
message by improperly accessing the computers involved. This e-mail is
being sent based on your consent to the use of e-mail. If you decide
that future communications should be sent by means other than e-mail,
please notify me at once.