CITY OF KEARNEY

TABLE OF CONTENTS

2007-2008 BUDGET

                                                                                                                           PAGE

A GUIDE TO UNDERSTANDING THE BUDGET...............................................................1

 TRANSMITTAL LETTER...............................................................................................9

 ORGANIZATIONAL CHARTS

           Organizational Structure.....................................................................................12

 ORDINANCES

           Annual Appropriation Bill.....................................................................................22   

 SUMMARIES

          Budget Policy Statement and Procedures.............................................................23

          Financial Policy Statement..................................................................................30

          Major Revenue Source Descriptions......................................................................39

          Comprehensive Fee Schedule..............................................................................59

          Recapitulation of Capital Outlay............................................................................67

          All Funds Revenue and Expense Reconciliation.....................................................73

          All Funds Combined...........................................................................................74

          Lid Computation Calculation.................................................................................76

          Comparative Valuations, Taxes and Levies............................................................77

          Fund Balance Requirement .................................................................................78

          Revenues by Source Graph.................................................................................79

          Tax Revenues by Source Graph...........................................................................80

          Expenditures by Object Graph ............................................................................81

          Budget by Function............................................................................................82

          Kearney City Tax Distribution Graph....................................................................83

GOVERNMENTAL FUNDS

     General Fund

          General Fund Summary......................................................................................84

          General Fund Revenues......................................................................................85

          General Fund Account Expenditure Summary......................................................87

          Administrative Services......................................................................................88

          Information Technology......................................................................................91

          Police - Services...............................................................................................94

          Police - Records...............................................................................................97

          Police - Data Processing...................................................................................99

          Police - Evidence..............................................................................................101

          Police - Building...............................................................................................103

          Fire.................................................................................................................105

          Emergency Management..................................................................................108

          Public Works - Building and Zoning...................................................................110

          Code Enforcement...........................................................................................112

          Public Works - Engineering Support..................................................................114

          Public Works - Administration...........................................................................116

          Public Works - Facilities Maintenance...............................................................119

          Cemetery........................................................................................................121

          Library............................................................................................................123

          Park & Recreation - Administration....................................................................126

          Recreation.......................................................................................................128

          Park - North.....................................................................................................130

          Aquatics..........................................................................................................132

          Cottonmill Lake................................................................................................134

          Park - South....................................................................................................136

     Special Revenue Funds

          Transportation ..................................................................................................138

          Economic Development Grant............................................................................144

          Lottery Trust.....................................................................................................148

          Natural Disaster................................................................................................152

         Offstreet Parking District No. 1............................................................................156

      Capital Project Funds

          Police Reserve .................................................................................................160

          Fire Reserve......................................................................................................164

          Cemetery Reserve............................................................................................ 168

          Park and Recreation Development.......................................................................172

          Street Improvement............................................................................................176

          Special Sales Tax - Capital Improvements/Equipment............................................180

     Debt Service Funds

          Public Safety TAB's...........................................................................................184

          Various Purpose Bonds......................................................................................191

PROPRIETARY FUNDS

     Enterprise Funds   

          Golf..................................................................................................................200

          Sanitation.........................................................................................................209

          SWDF Operation & Maintenance........................................................................214

          SWDF Retained Revenues.................................................................................219

          Sanitary Sewer Operation & Maintenance............................................................223

          Sanitary Sewer Retained Revenues.....................................................................232

           Sewer Revenue Bonds......................................................................................236

           Sewer Bond Reserve........................................................................................243

          Water Operations & Maintenance.......................................................................248

          Water Retained Revenues..................................................................................258

          Water Revenue Bonds.......................................................................................262

          Water Bond Reserve..........................................................................................269

          Kearney Municipal Airport Corporation.................................................................274

      Internal Service Funds

          Health Insurance...............................................................................................279

          Property and Casualty Insurance........................................................................284

          Worker's Compensation Insurance......................................................................288

          Central Stores...................................................................................................292

          Vehicle Maintenance.........................................................................................296

 FIDUCIARY FUNDS 

     Pension (And Other Employee Benefit) Trust Funds

          Police Pension.................................................................................................300

     Agency Funds

          Sales and Use Tax............................................................................................304

 PERSONNEL SUMMARY

          Pay Policy.......................................................................................................308

          Personnel Schedule..........................................................................................322

 ACCOUNTING SUMMARY

          Fund Codes and Account Codes........................................................................328

          Classification of Revenues by Source Code,

           Classification Code and Explanation...................................................................331

          Classification of Expenditures by Object Code,

           Classification Code and Explanation...................................................................335

          Account Number Description...............................................................................341

 GLOSSARY...............................................................................................................342

 COMMISSION & ADVISORY BOARD MEMBERS.........................................................352