Town of Sullivan's Island
Financial Information
 The Town's fiscal year, including Water & Sewer Department, runs from July 1st - June 30th.
BUDGET INFORMATION FY10/11 MUNICIPAL BUDGET Public Hearing: 6:00PM Tuesday, May 18, 2010 Public Notice Pursuant to Section 6-1-80 of the S.C. Code of Laws, public notice is hereby given that the Council of the Town of Sullivan's Island will hold a public hearing on the municipal budget for the 2010-2011 fiscal year on Tuesday, May 18, 2010 at 6:00 p.m. at Sullivan’s Island Town Hall, 1610 Middle Street. Current Projected Percentage Current Fiscal Year Revenues Change In Fiscal Year Revenues 2010-2011 Revenues Millage $3,351,028 $3,553,550 6.0% 26.2 Mills
Current Projected Percentage Estimated Fiscal Year Expenditures Change In Millage for Expenditures 2010-2011 Expenditures 2010-2011* $3,351,028 $3,553,550 6.0% 26.2 Mills *Estimated Millage Equals $26.2 per $1000 of Assessed Property Value ******************************* FY2010/2011 Budget Process Begins Town Budget Calendar (Copies of the draft budget will be made available to interested residents upon request.
April 12, 2010 (Mon) 5:00PM: Special Council Meeting (First Reading of FY10/11 Budget Ordinance) Budget will be discussed during the following meetings: April 20, 2010 (Tues) 6:00PM: Regular Council Meeting May 3, 2010 (Mon) 6:00PM: Committees of Council Meeting May 18, 2010 (Tues) 6:00PM: Public Hearing/Special Council Meeting (Public Hearing and Second Reading of Budget Ordinance FY10/11) Prior to Regular Council Meeting on May 18th
June 7, 2010 (Mon) 6:00PM: Regular Council Meeting (Third Reading of Budget Ordinance FY10/11) June 15, 2010 (Tues) 6:00PM: Regular Council Meeting (Ratify Budget Ordinance FY10/11) *************** CURRENT FISCAL YEAR INFORMATION FY09/10 Budget Ratified by Council on June 16, 2009 PUBLIC NOTICE
Pursuant to Section 6-1-80 of the S.C. Code of Laws, public notice is hereby given that the Council of the Town of Sullivan's Island will hold a public hearing on the municipal budget for the 2009-2010 fiscal year on Monday, June 1, 2009 at 6:00 p.m. at Sullivan’s Island Town Hall, 1610 Middle Street. Current Projected Percentage Current Fiscal Year Revenues Change In Fiscal Year Revenues 2009-2010 Revenues Millage $3,519,678 $3,354,036 - 4.7% 26.2 Mills
Current Projected Percentage Estimated Fiscal Year Expenditures Change In Millage for Expenditures 2009-2010 Expenditures 2009-2010* $3,519,678 $3,354,036 - 4.7% 26.2 Mills *Estimated Millage Equals $26.2 per $1000 of Assessed Property Value Contact Town Hall (843)883-3198 with any questions. ****************************** *************************** OTHER FINANCIAL INFORMATION **** AUDITED FINANCIALS
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