May 6, 2014

Updates to University Heights website:

• Updated Finance page
• FY2014 Budget Amendment Hearing 7:00 PM May 13th University Club
• Budget Amendment Summary 
• Explanation of increases or decreases in revenue estimates, appropriations, or available cash:
• Additional LOST receipts, interest income, road use tax receipts, traffic safety grant receipts, traffic fines and other reimbursements. Additional costs for police overtime, snow removal, legal fees and general government expenditures. Decrease in projected total costs of street maintenance and repair projects. Beginning cash balance for the year adjusted to actual.
• There will be no increase in tax levies to be paid in the current fiscal year named above related to the proposed   budget amendment. Any increase in expenditures set out above will be met from the increased non-property tax revenues and cash balances not budgeted or considered in this current budget.