Council gets first budget reading
The Versailles City Council Tuesday heard the first reading of Mayor Brian Traugott's budget for fiscal year 2017 and scheduled a special meeting for the second reading and likely vote Friday, June 17, at 1 p.m. General Fund revenues are estimated at $9,407,565, operating expenses at $9,123,183 and capital expenses at $630,700, with a $346,318 deficit leaving the fund balance at $2,835,659. After the meeting, Traugott said $300,000 of the deficit stems from the creation of a new public safety escrow account to pay for large capital items like a new ladder truck and a police station. The Enterprise Fund revenues (water and sewer) are projected to be $17,299,100, operating expenses at $6,170,033, capital expenses (including bonds for the new sewer plant) at $10,560,000, with a $569,067 surplus, leaving the fund balance at $9,575,203. The Municipal Aid Road Fund estimates revenues and expenses at $163,805, leaving the fund balance the same at $175,058. Water tank mural The council voted 5 to 0 (council member Gary Jones was absent) to pay $18,000 to Eric Henn of Franklin, Ohio, to refurbish the horse painting on the city's water tank off the Blue Grass Parkway. Henn did a smaller job on the tank six years ago for $12,000. Public Works Director Bart Miller told the council the money would come from a $20,000 escrow account as yet untapped. The contract calls for Henn to repaint the jockeys and horses, and repaint and update the letter style on the city's name, add a protective clear coat and a paint overcoat to brighten and prolong the life of the mural. Council member Ann Miller suggested Miller find out if Henn will have an assistant to serve as a spotter, as he'll be using a 60-foot boom lift. Intent to annex (again) City Attorney Bill Moore introduced an ordinance declaring the city's intent to annex 4.991 acres in Huntertown Glen Estates by saying, "If it looks familiar, it is. . There are certain things that have to happen in a particular order for us to annex property without the property owner's advance consent, which we do not have in this case." At the council's April 5 meeting, Moore said the rest of the subdivision was annexed in 2004, and only recently was it discovered that nearly five acres had not been included. Much of that land runs through portions of individual lots, according to Traugott. Bids The council unanimously approved low bids of: . $62.10 per ton for salt from the Detroit Salt Company (Miller said later that he thought the city would purchase 800 tons for next winter). . $7,526 from Carroll Floor Covering of Versailles for new flooring at Fire Stations 1 and 2. . $4,070.41 from KLM Sales and Service for a new pump at the Kentucky Methodist Home lift station. The council voted unanimously to accept the second lowest bid from Carroll Floor Covering of $2,643 for flooring in the control room at the water treatment plant. Miller suggested the council pick the Versailles company and Fire Chief Brian Wainscott backed the idea, saying the company's method of installation was more effective than its nearest competitor, which had a bid that was $93 lower. Street name changes After second readings, the council voted unanimously to change the names of Kuhlman Boulevard to Industry Drive (effective Sept. 1) and Park Place to Commerce Drive. Chamber and fair Woodford County Chamber of Commerce Executive Director Don Vizi gave the council a rundown on past, present and future endeavors and requested the council fund the group to the tune of $5,500 - the same as fiscal 2017. That's the amount set aside for the chamber in Traugott's fiscal '17 budget. Lillie Cox of the Woodford County Volunteer Workgroup gave a presentation similar to that of the evening before at the Midway City Council. She hopes to raise between $15,000 and $20,000 needed for Woodford County to serve as sponsor for the July 18 opening day of the fair. Traugott told her the city would contribute as it has in years past.