Budget
Mayfield Township
2007-2008 Budget Summary
Estimated Fund Balance as of June 30, 2007................................$234,739.00
Estimated 2007-08 Revenue........................................................ $984,600.00
Estimated Total Available Funds............................................$1,219,339.00
Estimated 2007-08 Expenditures.............................................$1,185,704.00
Estimated Fund Balance on June 30, 2008......................................$33,635.00
State Shared Revenue
$450,000.00
Property Tax
$340,000.00
Other Sources
$194,600.00
Roads & Street Lights
$160,000.00
Police, Fire & EMS
$437,177.00
General Operations
$588,527.00
The property tax millage rate to be levied to support the budget is 1.5553 mills.
The maximum millage rate authorized by township voters is 1.8520 mills.
State Revenue
46%
Property
Tax
34%
Other
Sources
20%
Police, Fire
and EMS
37%
Roads
13%
Township Operations
50%