(Apple Valley)–Representing the largest single-year reduction in operating costs in Town history, the Apple Valley Town Council adopted a balanced budget for Fiscal Year 2012-13. For the first time in four years, the budget includes a deposit into general fund reserves in the amount of $194,200.
“The gap between expectations and fiscal reality has widened over the past several years,” explained Town Manager, Frank Robinson. “This financial plan is both realistic and responsive.”
The total appropriations across all funds is $92.4 million, which represents an almost 27% decrease over the previous year. The adopted General Fund budget of $23 million includes $11.5 million for public safety.
Sales and use taxes are projected to increase by about 10%, to $5.5 million, and property taxes are expected to remain flat, for a total of $2.3 million.
“In these economic times we have to set aside our desire to continually enhance and expand services, and be satisfied to preserve and maintain what we have,” said Puckett. “We have made a number of cuts and concessions, with a focus towards long-term financial health.”
Through an early retirement offer, full time staff has been reduced by 10%. Additionally, changes in retirement benefits will save another $187,000.
The adopted Fiscal Year 2012-13 budget still includes $33 million in capital improvement projects including widening Kiowa Road south of Bear Valley, adding a center turn lane and bike lanes; the widening and reconstruction of Rancherias Road from Highway 18 to Zuni, also to include the addition of bike lanes; and the restriping of Kasota Road north of Highway 18, providing a separate turn lane and through lane for southbound traffic at St. Mary Medical Center.
The complete budget is available on the Town’s website at www.AppleValley.org under “Your Government”.