Members of Marietta City Council's finance committee continued to review the 2014 municipal budget Wednesday.
Councilman Tom Vukovic, D-4th Ward, who chairs the finance committee, said the budget review process should be completed today.
"I should have final copies of the budget for all members at Thursday night's council meeting," he said.
The finance committee has been meeting for the past week to discuss the annual budget which will be handed to the incoming council for official approval during the first 2014 council meeting on Jan. 1.
Among the municipal funds discussed Wednesday was the streets account which is expected to have $155,151 in carry forward funding at the end of 2014.
Projected streets expenditures total $4.8 million, with anticipated revenues of $4.76 million, according to the budget data presented by assistant safety-service director Bill Dauber.
If you go
- Marietta City Council meets at 7:30 p.m. today in the community building at Lookout Park.
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- More city information is available at www.mariettaoh.net
"This is a very tight budget, but it's also well leveraged," he said, noting a little more than $1 million of the streets funding has been used to leverage more than $2 million worth of grant money for streets paving and maintenance projects.
Expenditures from the city's cemetery fund, used for operation and maintenance of Marietta's three municipal graveyards, are expected to be around $221,000, but cemetery revenues are only projected to be $210,975.
"That fund has required a subsidy of $188,155 from our general fund this year," Vukovic said.
The budget forecast for the 2014 municipal fire levy included $1,289,179 in anticipated expenses and $1,404,111 in revenues.
The fire levy fund is expected to have a carry forward amount of $277,374 in 2014.
"That's a pretty hefty carryover for the fire levy," Vukovic said, adding that, if possible, he would like to consider putting some of that funding toward capital expenditures for fire department equipment.
Vukovic also noted revenue from third party billing for ambulance service is expected to be $372,600 in 2014.
"They've been busy. There have been a lot more non-emergency ambulance runs since other local ambulance companies have gone out of business," said Councilman Steve Thomas, D-3rd Ward, who chairs council's police and fire committee.
Life Ambulance Services, with offices in Marietta and Parkersburg, closed this month after its parent company declared bankruptcy, and Marietta Ambulance ceased operations earlier this year.
Third party billing, which allows fire departments to directly bill a patient's insurance company for ambulance runs, was instituted by the Marietta Fire Department in 2007 and has generated several hundred thousand dollars annually.
A portion of that money is divided among the city's three fire stations, based on the number of monthly ambulance runs from each station.