Village Budget
The Village of Powhatan Point is committed to responsible financial management and transparency in how public funds are received, budgeted, and used. This page provides residents with general information about the village budget, including revenue sources, major expense categories, capital projects, and annual financial documents.
The budget helps guide village operations throughout the year and supports services such as public safety, water service, street maintenance, administration, parks and recreation, and other community needs.
Current Budget Year
- Fiscal Year: 2026
- Budget Status: [Proposed / Approved / Amended]
- Date Approved: [Month Day, Year]
- Approved By: Village Council
- Total Estimated Revenue: $XXX,XXX
- Total Estimated Expenses: $XXX,XXX
- Projected Year-End Balance: $XXX,XXX
Budget Summary
The annual village budget outlines expected revenue and planned expenses for the year. Revenue may come from local taxes, utility payments, fees, grants, state or county distributions, and other sources. Expenses are organized by department, fund, or service area.
| Category | Estimated Revenue | Estimated Expenses |
|---|---|---|
| General Fund | $XXX,XXX | $XXX,XXX |
| Street Fund | $XXX,XXX | $XXX,XXX |
| Water Fund | $XXX,XXX | $XXX,XXX |
| Sewer / Utility Fund | $XXX,XXX | $XXX,XXX |
| Police Fund | $XXX,XXX | $XXX,XXX |
| Fire Fund | $XXX,XXX | $XXX,XXX |
| Park / Recreation Fund | $XXX,XXX | $XXX,XXX |
| Capital Improvement Fund | $XXX,XXX | $XXX,XXX |
| Other Funds | $XXX,XXX | $XXX,XXX |
| Total | $XXX,XXX | $XXX,XXX |
Revenue Sources
Village revenue may come from several sources depending on the fund, service, or project. These funds help support daily operations, public services, infrastructure, equipment, and long-term improvements.
| Revenue Source | Estimated Amount |
|---|---|
| Local Taxes | $XXX,XXX |
| Utility Payments | $XXX,XXX |
| Permits, Licenses, and Fees | $XXX,XXX |
| Fines and Forfeitures | $XXX,XXX |
| Intergovernmental Revenue | $XXX,XXX |
| Grants | $XXX,XXX |
| Interest Income | $XXX,XXX |
| Other Revenue | $XXX,XXX |
| Total Estimated Revenue | $XXX,XXX |
Expense Categories
Village expenses are budgeted to support public services, maintain infrastructure, meet legal and administrative requirements, and plan for future community needs.
| Expense Category | Budgeted Amount |
|---|---|
| Administration | $XXX,XXX |
| Police Department | $XXX,XXX |
| Fire Department | $XXX,XXX |
| Streets and Public Works | $XXX,XXX |
| Water Department | $XXX,XXX |
| Sewer / Utilities | $XXX,XXX |
| Parks and Recreation | $XXX,XXX |
| Buildings and Grounds | $XXX,XXX |
| Equipment and Vehicles | $XXX,XXX |
| Debt Service | $XXX,XXX |
| Capital Projects | $XXX,XXX |
| Other Expenses | $XXX,XXX |
| Total Estimated Expenses | $XXX,XXX |
Understanding the Budget
A village budget is more than a list of numbers. It is a plan for how public funds will be used to provide services, maintain infrastructure, meet required obligations, and prepare for future needs.
Some funds may be restricted for specific purposes. For example, utility funds, grant funds, or dedicated tax funds may only be used for certain services or projects. Because of this, money available in one fund may not always be available for general village expenses.
Questions About the Budget?
Residents with questions about the village budget, financial documents, or public records may contact the Village Office.
Village Office
104 Mellott Street
Powhatan Point OH 43942
Phone: 740-795-4201