Collierville, TN
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FY 2025 Budget Adoption
PUBLIC NOTICE IS HEREWITH GIVEN that the Board of Mayor and Aldermen meeting in regular session on Monday, June 10, 2024, adopted the following titled resolution, following public hearing:
RESOLUTION 2024-14
A RESOLUTION TO ADOPT THE FISCAL YEAR ANNUAL OPERATING AND CAPITAL FUNDS BUDGET AND APPROPRIATE FUNDS CONTAINED THEREIN FOR THE VARIOUS GENERAL AND SPECIAL PURPOSES OF THE TOWN OF COLLIERVILLE, TENNESSEE BEGINNING JULY 1, 2024, AND ENDING JUNE 30, 2025.
The budget was adopted in the following total amounts by fund:
| Fund | Revenues | Expenditures |
| General Fund | $ 84,584,347 | $ 80,460,173 |
| Water and Sewer Fund | $ 16,869,941 | $ 17,351,222 |
| State Street Aid Fund | $ 1,792,000 | $ 1,901,210 |
| Historic Preservation Fund | $ 10,000 | $ 30,000 |
| Electronic Traffic Citation Fund | $ 150 | $ 31,180 |
| Sanitation Fund | $ 5,586,529 | $ 6,601,431 |
| Special Drug Fund | $ 49,000 | $ 124,664 |
| Retirement Fund | $ 6,750,830 | $ 4,450,000 |
| OPEB Fund | $ 1,380,290 | $ 1,001,500 |
| General Purpose School Fund | $ 120,647,391 | $ 120,647,391 |
| School Federal Funds | $ 7,765,075 | $ 7,765,075 |
| School Nutrition Fund | $ 3,541,612 | $ 3,541,612 |
| School Discretionary Grants | $ 1,131,430 | $ 1,131,430 |
| Capital Investment Program | $ 16,774,711 | $ 16,774,711 |
| Non-Capital Projects | $ 670,000 | $ 670,000 |
A copy of the full resolution and budget document may be viewed during regular business hours at Town Hall, 500 Poplar View Parkway, or at the Collierville Branch Library, 501 Poplar View Parkway.
Kristie Diamond
Town Clerk