|The Teller City Council has reviewed the FY10 budget and is in the process of revising most of it. The city clerk has also been preparing basic monthly financial statements, starting from October, 2009, with revenues received and expenditures spent. There was sporatic earnings and spending for the months of July-September, with no records kept by the previous administration.
The local fuel retailer is projected to run out of fuel oil by April 2010. All residents, businesses, and the city facilities are affected by this. The local store does not have enough fuel storage capacity to last until spring. When the road to Nome opens, the community is able to have fuel oil purchased and transported by a fuel provider from Nome using fuel trucks.
The city's trash/honey-bucket haul services provides trash and honey-bucket haul to 64 households, at $35 a month, and 10 businesses, at $50 a month. At 100% collection, the total revenues would be $32,800. The city clerk is in the process of implementing the billing system from Quickbooks Pro accounting software program to start billing the customers. The city currently does not bill the customers as it is trying to figure out the finances from October 2008 to November 2009, when there were minimal financial activities then.