by Megan Schiffres
KILMARNOCK—Members of the Kilmarnock Town Council voted 4-0 Monday to approve the town’s $4.8 million proposed budget for the 2019-20 fiscal year.
Council members Keith Butler, Curtis Smith, Les Spivey and Michael Sutherland voted in favor of the proposed budget. Members Rebecca Nunn and Emerson Gravatt were absent.
The budget totals $4,899,675, including the general fund, $3,196,858; water fund, $543,719; and sewer fund, $1,159,098.
The general fund is based on operating revenues of $2,317,227 from taxes and fees, and carryover funds totaling $879,631.
Estimated expenditures over the next fiscal year total $3,196,858 and include $1,010,198 for administration costs, $500,254 for public safety, $339,739 for public works, $155,549 for debt service on Main Street, $225,050 for debt service on the Town Centre Park, $317,500 for capital improvement projects, a transfer of $159,970 to the town’s water fund, and a transfer of $488,598 to the sewer fund.
Council members also voted unanimously to approve three minor changes to the proposed budget which resulted in an increase of $4,615 in estimated expenditures. The changes include…