Town Code & Ordinances Code — 2022-06-30

ORDINANCE 21.03

BY:

INTRODUCED Thomas B. Willis, Jr.; President

AN ORDINANCE OF THE TOWN OF QUEENSTOWN ADOPTING

A

GENERAL BUDGET FOR THE FISCAL YEAR BEGINNING

JULY I,2O2I AND ENDING JUNE 30,2022 AND ESTABLISHING

A CONSTANT YIELD TAX RATE OF $ .2026 PER $1OO OF

ASSESSED REAL PROPERTY VALUE AND A TAX RATE OF .51

PER $IOO ON ALL COMMERCIAL OR BUSINESS PERSONAL

PROPERTY AND PUBLIC UTILITIES; AND ALSO ADOPTING AN

ENTERPRISE BUDGET FOR THE TOWN'S WATER AND SEWER

OPERATIONS, WHICH INCLUDES THE THIRD OF THREE

YEARS' INCREASE TO MONTHLY WATER AND SEWER USAGE

RATES BY FIVE PERCENT (5%), AS WAS ADOPTED BY

ORDINANCE

19-03 ON JUNE 19.2019.

WHEREAS, Sections 19-33 and 19-34 of the Queenstown Town Charter requires the Town to operate on an annual budget; and WHEREAS, the budget for the fiscal year beginning on July 1,2021 and ending June 30, 2022, was submitted to Commissioners of Queenstown on June 11,2021, and is attached hereto as Exhibit "A" ("General Budget"); and WHEREAS, the Town has determined that is desirable and in the public

interest, and consistent with state law, to adopt an enterprise budget for the Town's water and sewer operations, which is attached hereto as Exhibit "B" (uWater/Sewer Budget"); and WHEREAS, Section 19-33 of the Queenstown Town Charter requires, prior to the adoption of the budget, the holding of a public hearing and the Town, having held a public hearing on the General Budget and the Water/Sewer Budget on June 30,2021;

and NOW THEREFORE, the Commissioners of Queenstown hereby ordain as follows:

Section 1.

That the Commissioners of Queenstown hereby adopt, for the fiscal year beginning July l, 202I, and ending June 30, 2022, the General Budget attached hereto as Exhibit "A"; and the Water/Sewer Budget attached hereto as Exhibit B, which are incorporated by reference herein.

Section 2.

That the tax rates for the Town of Queenstown for the fiscal year beginning July l, 2021, and ending on June 30, 2022, shall be 5.2026 per $100 of assessed real property value and $ .51 per $100 of assessed value on all commercial business, personal property and public utilities.

Section 3.

That the water and sewer usage rates for the Town of Queenstown for the fiscal year beginning July l, 2021, and ending on June 30, 2022, shall increase Budget Ordinance (FY 2021-2022) Ordinance 2l-03 Page 1 of2 5Vo, as was adopted by Ordinance 19-03 on June 9,2019, which established the fees as follows:

Monthly Volumetric Water Charges Effective Date: July I, 2021 I't 7,000 gallons 83.2 3 > 7,000 sallons $3.se > I 5,000 sallons $4.47 Monthly Volumetric Sewer Churges Effective Date: July l, 2021 I't 7,000 gallons .$'8.55 >7,000 gallons 89.49 > I 5,000 gallons 8tI.87 This ordinance shall become effective on the first day of July, 2021.

Adopted this 30 day of June,202L.

WITNESS FORTHE TOWN OF QUEENSTOWN

COMMISSIONERS OF QUEENSTOWN

Thomas B. Willis, Jr., Presid ssloner n Horney, lSsloner Budget Ordinance (FY 2021-2022) Ordinance 21-03 Page 2 of 2

.A

TOWN OF QUEENSTOWN

FY 2022 GENERAL FUND BUDGET Page 1

OPERATING EXPENSES:

Personnel Costs 286,633 279,400 Facilities & Equipment Costs 40,250 39,000 Program & Direct Operating Expenses 152,650 162,800 General & Administrative 91 ,400 93,750 nteresUPrincipal Expense 30,740 31 ,030

I

Depreciation Expense 50,455 49.830

TOTAL OPERATING EXPENSES (652,1281 (655,810)

LESS: SPECIFIC ACTIVITY OR

PROGRAM REVENUES:

Licenses & Permits 26,600 29,300 Miscellaneous Income 7,630 6,630 Total 34,230 35,930 Operatinq Grants and Contributions State Shared Highway Taxes 35,955 37,810 County Tax Differential 81,295 75,000 Other Income 11.170 6,370 Total 128,420 19,180 1 TOWN OF QUEENSTOWN Page 2 FY 2022 General Fund Budget

TOTAL PROGRAM REVENUES 162,650 155,1 10

NET PROGRAM

(EXPENSE) REVENUE (489,4781 (500,700)

GENERAL REVENUES

Real & Personal Property Taxes Taxes - Real Property 307,875 306,958 Personal Property 85,000 96,000 lnterest on Delinquent Taxes 800 700 State Shared Taxes - lncome Taxes 95,000 95,000 Interest income 6,500 6,500

TOTAL GENERAL REVENUES 495,175 505,158

TOWN OF QUEENSTOWN Page 3 FY 2022 General Fund Budget TNCREASE (DECREASE) lN

UNRESTRICTED NET ASSETS 5,697 4,458

ANTICIPATED CAPITAL PROJECTS (106,950) (106,9s0)

TRANSFER OF EXISTING CASH RESERVES 101 ,253 102,492

F|NAL TNCREASE (DECREASE) lN

UNRESTRICTED NET ASSETS

FY 2022 Capital Project Expenditures Proposed:

Paving - Queenstown Harbor Paving - Wall St.

TOWN OF QUEENSTOWN Page 1

FY 2022 GENERAL FUND SUBSIDIARY SCHEDULES

OPERATING EXPENSES:

Personnel Gosts:

70110 Salaries - Administrative $ 111,785 $ 109,008 70115 Payroll Taxes - All Employees 14,330 $ 14,115 7A125 Medical & Life Insurance - Clks. 17 ,01 5 $ 16,008 70135 Pension Expense - Clerks 11 ,595 $ 10,955 70140 Pension Exp Ammorattzed - Clerks 6,725 $ 6,723 70155 Pension Administration Fee 520 $ 410 70205 Meetings & Travel 7,500 $ 7,500 70210 Salaries - Public Works 75,525 $ 75,505 Salaries - Public Works Seasonal $

70320 Medical & Life Insurance - PW 25,123 $ 23,7 15 70420 Pension Expense - PW 7,760 $ 7,330 70460 Pension Exp Ammorattzed - PW 7,890 $ 7,991 70500 Unemployment Comp. 875 $ 250 Total Personnel Costs 286,633 $ 279,400 Facilities & Equipment Costs:

71320 Office Equipment Repairs $ 250 $ 250 71310 Office Equipment Rentals 1,550 $ 1,700 71330 Utilities - Municipal Office 4,000 $ 4,900 71335 Insurance - Property & Liab. 13,000 $ 12,000 71340 Repairs & Maint - Mun. Office 1,800 $ 1,900 71220 Repairs & Maint - Court House 500 $ 500 71510 Gas/Oil - Vehicles & Equipment 6,700 $ 4,000 71520 Repairs & Maint - Vehicles 1,500 $ 1,500 71530 Repairs & Maint - Equipment 4,000 $ 3,500

71400 Park - Operating Expenses 1,500 $ 1,500 70130 Dock Repairs 500 $ 2,500 71110 Dock Electric 650 $ 650 71120 Dock Garbage Collection 4.300 $ 4,300 Total Facilities & Equipment $ 40,250 39,000 Program & Direct Operating Expenses 72220 Queenstown Vol. Fire Co. 14,000 14,000 72200 Community Policing 2,500 5,000 72410 Waste Collection 56,000 54,000 72420 Recycling Collection 11,250 11,250 72170 Mosquito Control 3,1 50 3,1 00

72430 Landfill Fees 1,900 1,700 72360 Street Repair 1,000 2,000 72310 Curb & Concrete Work 2,500 2,500 72340 Stormwater Ditch Maint. 6,000 10,000 72150 Tree Maint. 6,000 5,000 72110 Grass Mowing 500 1,000 72130 Operating Supplies - General 6,500 6,000 72140 Tools and Small Equipment 500 72350 Street Lighting 22,000 22,000 72160 Misc. General Labor 1,000 4,000 Project Management 3,700 3,700 72330 Snow Removal 1,000 1,000

72180 Other General Operating Exp. 3,000 3,000 73350 Community Programs 7,000 7,900 7 337 0 Holiday Dec/Celebrations 3,500 5,000 73380 Town Yard Sale Costs 150 150 Total Program & Direct Operating Expenses $ 152,650 $ 162,800 General & Administrative 73130 Election Costs 1,200 $ 1,200 73160 Office Supplies 2,000 $ 2,000 73190 Postage 4,000 $ 4,000 73200 Telephone - General 8,000 $ 7,000 73510 Accounting/Audit Fees - Gen. 6,000 $ 6,000

73410 Shorescan 2,000 $ 1,800 73170 Other Administrative Exp. 7,000 $ 7,000 73150 Misc. Office Help 200 $ 600 73550 Legal Counsel 25,000 $ 25,000 Code Enforcement 3,000 731 00 Advertising/Legal Notices 2,000 $ 2,000 73320 Planning Commission 500 $ 500 73570 MDIA Inspection Fees 3,000 $ 3,400 73580 Other Planning Exp - Planner 19,000 $ 24,750 73180 Other Municipal Expense 5,000 $ 5,000 73110 Dues & Subscriptions 3,500 $ 3,500

Total General & Administrative 91 ,400 93,750 nteresUPrincipal Expense

I

73420 Interest Expense 575 $ 1 ,618 73430 Principal Expense 30,1 65 $ 29.412 Total nteresUPrinicpal Expense 30,740 31 ,030

I

Depreciation Expense 7 4100 General/Build ings 17,955 $ 17,732 74300 Highways & Streets 16,735 $ 16,528 74500 Parks & Recreation/Dock 15,765 $ 15.570 Total Depreciation Expense 50,455 49,830

PROGRAM REVENUES:

Licenses & Permits 40330 Traders Licenses 18,500 $ 20,500 40310 Building Permits 3,600 $ 4,000 40120 TV Franchise Fees 4,000 $ 4,000 40500 Other 500 $ 800 Total Licenses & Permits 26,600 29,300 Miscellaneous Income 40900 Slip Rent 6,630 $ 6,630 40910 Ramp permit fees 1,000 $ 7,630 Highwav Taxes $ $ 40210 Highway User Taxes 35,955 37,810 Countv Tax Differential $ General $ 40150 County Tax Differential - 81,295 75,ooo

Fund Allocation Other lncome $ $ 40700 Bank Shares 370 370 $ 40711 Recreation 5,000 5,ooo $ 40552 Critical Areas 1,000 1,ooo Office Rentals 4,800 Total Other Income $ 11,170 $ 6,370

GENERAL REVENUES

Real Property 40100 Real Property Tax $ 307 ,875 t.2026) $ 306,958 t.1867) Personal Property Tax $ $ 40000 Personal/Corporation Prop 85,000 96,000 Interest on Delinquent Taxes $ $ 40175 Interest 800 7oo State Shared Taxes $ $ 40200 Local Income Tax 95.ooo 95,ooo Interest Income $ $ 40750 Interest Income - General 6.500 6,500

L3'

TOWN OF QUEENSTOWN Page 1 FY aO22WATER/SEWER FUND BUDGET

OPERATING EXPENSES:

$ Facilities & Equipment Costs 227,500 207,750 $ Program & Direct Operating Expenses 262,950 262,550 $ General & Adm inistrative 14,250 13,500 $ nteresUPrinci pal Expense 237,257 237,257

I $

Depreciation Expense 89,185 87,720 $

TOTAL OPERATING EXPENSES (831,1421 (808,7771

LESS: SPECIFIC ACTIVITY OR

PROGRAM REVENUES:

Gharges For Services Sewer & Water Services 757,160 $ 751,165 Interest income 3,500 $ 3,500

TOTAL PROGRAM REVENUES 760,660 754,665

SUB-TOTAL PROGRAM

(EXPENSE) REVENUE (70,4821 (54, 1121

TRANSFER OF EXISTING CASH REVENUES 70,482 54,112

NET PROGRAM (EXPENSE} REVENUE $I $I

NOTES:

Wall St. water line TOWN OF QUEENSTOWN Page 1

FY2O 22 WATER/SEWER FU ND SU BSIDIARY

OPERATING EXPENSES:

Facilities & Equipment Costs:

72570 Utilities - Electric 70,000 $ 70,000 71335 Insurance - Property & Liab. 9,000 $ 10,000 72500 Bay Restoration Fees 24,500 $ 23,250 72551 Repairs & Maint - Plant 78,000 $ 66,500 72552 Repairs & Maint - Towers 20,000 $ 12,000 72553 Repairs & Maint - W&S Lines 20,000 $ 20,000 60000 Real Prop Tax on Tower/Cellular Equip 6,000 $ 6,000 Total Facilities & Equipment 227,500 $ 207,750 Program & Direct Operating Expenses

72130 Operating Supplies - W/S 5,000 $ 10,000 72510 W/S Operation Fees 165,250 $ 169,250 72520 Lab Fees 10,000 $ 10,000 73530 Engineering Fees 2,500 $ 2,500 72530 Chemicals 33,000 $ 20,000 72560 Sludge Disposal 17,800 $ 17,800 72180 Other W/S Operating Exp. 5,400 $ 5,000 WTPMWTP Consultant Fees $ 7,500 73590 Tower Consultant Fees 24,000 $ 20,500 Total Program & Direct Operating Expenses 262,950 $ 262,550

General & Administrative 73200 Telephone/Alarms - W/S $ 3,400 $ 2,800 73510 Accounting/Audit Fees - W/S 5,000 $ 5,000 73100 Advertising/Legal Notices - W/S 500 $ 500 73110 Dues and Subscriptions 250 $ 250 Muni-Link 4,1 00 $ 3,950 Smart Site GIS 1.000 $ 1,000 Total General & Administrative $ 14,250 13,500 nteresUPri nci pal Expense

I

73420 Interest Expense $ 142,929 $ 124,547 73430 Principal Expense 92,928 $ 111,310 73460 Loan Admin. Fees 1,400 $ 1,400 Total nteresUPrinicpal Expense 237,257 237,257

I

Depreciation Expense $ 74600 WaterMastewater 89,1 85 $ 87 720

PROGRAM REVENUES:

Sewer & Water Services 41200 Sewer Service - Debt $ 196,060 $ 195,500 41300 Water Service - Debt 44,705 $ 44,510 41250 Sewer Service - Consumption 160,585 $ 143,850 41350 Water Service - Consumption 59,975 $ 56,240 41100 Bay Restoration Fees Payable 25,720 $ 25,290 41400 Penalties Revenue 3,000 $ 3,500 40150 County Tax Set-off - W/S Allocation 81,295 $ 75,000 40950 Rent - Cellular Leases 135,370 $ 121,500

41455 Miscellaneous 750 $ 250 BNR/ENRO&MGrant 30,000 $ 30,000 40955 Real Property Tax - Water Towers 6,000 $ 6,000 Water/Sewer Connection Fees 13.700 $ 50,770 Total Sewer & Water Services 757,160 752,410 lnterest lncome 40750 Interest Income - W/S $ 3,500 $ 3,500