Regular meeting (AMENDED 2023-24 Budget)

**Executive Summary**

**Overview**
The Centerville Township’s Amended Budget for the fiscal year 2023-24 reflects an adjustment in revenues and expenses based on actual figures observed through March 2024. The total revenue is projected at $617,277, indicating slight growth from the previous actual revenue of $614,332. Income sources include property taxes, fire operating millages, state shared revenue, and fees collected from various township services.

**Income Breakdown**
The budget forecasts a total of $617,277 in revenues, primarily driven by property taxes (totaling $74,284), fire operating millage (totaling $298,700), and state shared sales tax revenues. Other sources of income include zoning permits, charges for services, interest earnings, and cable franchise fees. Each source reflects slight amendments that will help to cover planned legal and operational expenses.

**Expense Overview**
Total expenses for the township are estimated at $583,754, with the bulk of the budget allocated towards administrative costs, legal fees, and departmental expenditures including the fire department and township hall, among others. Notably, there’s a significant revision in the planning and legal budgets to ensure proper allocation of funds for upcoming projects. Adjustments have been made to enhance or reduce the budgets in various departments based on the revised operational needs and expected economic conditions.

**Conclusion**
The amended budget for Centerville Township provides a clear path towards maintaining fiscal responsibility while addressing the community’s needs. With net revenues of $33,523, the budget is structured to ensure that all necessary funds are available for township operations while laying the groundwork for future growth. Continuous monitoring and adjustments will be pivotal as the fiscal year progresses to adapt to any unforeseen changes in revenue or operational costs.