Town Code & Ordinances Ordinance — Ordinance-23-03

ORDINANCE NO. 73-03

INTRODUCED By: Alton Hardee, Jr., Commission President

AN ORDINANCE OF THE TOWN OF QUEENSTOWN ADOPTING

A

GENERAL BUDGET FOR THE FISCAL YEAR BEGINNING

JULY 1,2023 AND ENDING JUNE 30,2024 AND ESTABLISHING

A CONSTANT YIELD TAX RATE OF $ .2312 PER $IOO OF

ASSESSED REAL PROPERry VALUE, A TAX RATE OF $ .58

PER $1OO OF ALL ASSESSED COMMERCIAL OR BUSINESS

PERSONAL PROPERTY, AND A TAX RATE OF $2.00 PER $IOO

OF ASSESSED PUBLIC UTILITIES; AND ALSO ADOPTING AN

ENTERPRISE BUDGET FOR THE TOWN'S WATER AND SEWER

OPERATIONS, WHICH INCLUDES AN INCREASE TO MONTHLY

WATER AND SEWER CONSUMPTION RATES BY EIGHT

PERCENT (8%).

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 1,2023 and ending June 30,2024, was submitted to Commissioners of Queenstown on May 30,2023, ffid introduced on June 6,2023, and is attached hereto as Exhibit "A'r ("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 ''8" (''lvaterlSewer 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 21, 2023;

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

Section

l. That the Commissioners of Queenstown hereby adopt, for the fiscal year beginning July 1,2023, and ending June 30,2024, the General Budget attached o'A";

hereto as Exhibit 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 1,2023, and ending on June 30,2024, shall be $.2312 per $100 of assessed real property value, $ .58 per $100 of assessed value on all commercial and business personal property, ffid $2.00 per $100 of assessed value on all public utilities.

3.

Section That the water and sewer consumption rates for the Town of Budget Ordinance (FY 2023-2024) Ordinance 23-03 Page I of2 Queenstown for the fiscal year beginning July 1,2023, and ending on June 30,2024, shall increase 8oh, as was adopted by Ordinance 22-06 on June 22, 2022, which established the fees as follows:

Monthly Volumetric Water Charses Effective Date: July I, 2023 I't 7,000 gallons $s.77 > 7,000 gallons $4.T8 > I 5,000 sallons 85.22 Monthly Volumetric Sewer Charses Effective Date: July I, 2023

I"

7,000 gallons 89.e7 > 7,000 gallons $1r.07 > I 5,000 sallons $13.84 This ordinance shall become effective on the first day of July, 2023.

ORDAINED, APPROVED, AND PASSED by the Town Commissioners for the Town of Queenstown on this 2 I day of June, 2023.

WITNESS FOR THE TOWN OF QUEENSTOWN

COMMISSIONERS OF QUEENSTOWN

Budget Ordinance (FY 2023-2024) Ordinance 23-03 Page 2 of2

PROPOSED 06/06/23 TOWN OF QUEENSTOWN

FY 2024 GENERAL FUND BUDGET Page 1

OPERATING EXPENSES:

Personnel Costs 342,746 35',1,262 Facilities & Equipment Costs 46,650 45,950 Program & Direct Operating Expenses 165,375 153,300 General & Administrative 98,750 91,900 nteresUPrincipal Expense

I

Depreciation Expense 51 700 50,455

TOTAL OPERATING EXPENSES (705,2211 (692,767)

LESS: SPECIFIC ACTIVITY OR

PROGRAM REVENUES:

Licenses & Permits 29,100 $ 27,300 Marine Income 7,330 7,630 Total 36,430 $ 34,930 Operatinq Grants and Contributions State Shared Highway Taxes $ 49,395 $ 40,674 County Tax Differential 41,230 82,460 Other Income 12.170 11.570 Total 102,795 $ 134,704

QUEENSTOWN

TOWN OF pase2 FY 2024 General Fund Budget TOTAL PROGRAM REVENUES (totals from previous page) $ i39,225 $ i69,634

NET PROGRAII'

(EXPENSE)REVENUEt(565,996)$(523,133)

GENERAL REVENUES

Real & Personal Property Taxes Taxes - Real Property $ 342,295 $ 325,965 Personal Property 171,972 95,000 Interest on Delinquent Taxes 800 800 State Shared Taxes - Income Taxes 155,000 15,000 1 Interest income 5,500 5,500 TOTAL GENERAL REVENUES $ 675,567 $ s32,26s TOWN OF QUEENSTOWN Page 3 FY 2024 General Fund Budget TNGREASE (DECREASE) tN $

UNRESTRICTED NET ASSETS 109,571 9,132

(Net program expense + General Revenues)

ANTICIPATED CAPITAL PROJECTS 100,000

Purchase of bucket truck and/or dump truck

TRANSFER OF EXISTING CASH RESERVES

F|NAL TNCREASE (DECREASE) tN $

UNRESTRICTED NET ASSETS $ 9,571 9,132

PROPOSED 06/06/23 TOWN OF QUEENSTOWN Page 1

FY 2024 GENERAL FUND SUBSIDIARY SCHEDULES

OPERATING EXPENSES:

Personnel Costs:

70110 Salaries - Administrative $ 150,538 146,532 70115 Payroll Taxes - All Employees 17,546 17,137 70125 Medical & Life Insurance - Administrative 14,440 35,926 70126 Medical & Life Insurance - Admin Fees 2,953 70135 Pension Expense - Administrative 16,720 15,715 70140 Pension Exp Ammoratized - Administrative 6,725 6,725 70155 Pension Administration Fee 875 575 70205 Meetings & Travel 7,500 7,500

70210 Salaries - Public Works 79,660 77,476 70320 Medical & Life Insurance - PW 29,355 26,696 70420 Pension Expense - PW 9,754 8,235 70460 Pension Exp Ammoratized - PW 7,990 7,990 70500 Unemployment Comp. 900 875 Total Personnel Costs $ 342,746 351,262 Facilities & Equipment Costs:

71310 Office Equipment Rentals $ 1,800 1,900 71320 Office Equipment Repairs 250 250 71330 Utilities - Municipal Office 3,800 4,900 71335 Insurance - Property & Liab. 14,000 13,000 71340 Repairs & Maint - Mun. Office 1,900 1,900 71220 Repairs & Maint - Court House 2,500 2,500 71510 Gas/Oil - Vehicles & Equipment 7,000 7,000 71520 Repairs & Maint - Vehicles 1,500 1,500 71530 Repairs & Maint - Equipment 5,000 6,000

7 1 540 Operating Equipment 1,500 71400 Park - Operating Expenses 1,500 1,500 70130 Dock Repairs 500 500 71110 Dock Electric 700 700 71120 Dock Garbage Collection 4,900 4,600 Total Facilities & Equipment 46,650 $ 45,950 Program & Direct Operatinq Expenses Page 2 72220 Queenstown Vol. Fire Co. 14,000 14,000 72200 Community Policing 5,000 72410 Waste Collection 62,000 59,000 72420 Recycling Collection 12,000 12,000

72170 Mosquito Control 4,725 3,150 72430 Landfill Fees 1,500 2,000 72360 Street Repair 1,000 1,000 72310 Curb & Concrete Work 2,000 2,500 72340 Stormwater Ditch Maint. 7,500 6,000 72150 Tree Maint. 4,000 6,000 72110 Grass Mowing 72130 Operating Supplies - General 9,500 9,000 72350 Street Lighting 23,000 23,500 72160 Misc. General Labor 500 500 7 21 65 Project Management 1,000 1,000 72330 Snow Removal 1,000 1,000

72180 Other General Operating Exp. 2,000 2,000 73350 Community Programs 11,000 7,000 7 337 O Hol iday Dec/Celebrations 3,500 3,500 73380 Town Yard Sale Costs 150 150 Total Program & Direct Operating Expenses $ 165,375 153,300 General & Administrative 731 00 Advertising/Legal Notices 1,500 1,200 73110 Dues & Subscriptions 2,950 2,700 73130 Election Costs 1,000 1,200 73150 Misc. Office Help 731 55 Cleaning Services 5,500 5,500

73160 Office Supplies 2,000 2,000 73165 lTMeb Services 2,500 1,500 73170 Other Administrative Exp. 5,000 2,600 73180 Other Municipal Expense 10,000 9,000 73190 Postage 4,700 4,000 73200 Telephone - General 9,500 9,500 73250 Internet - Office 2,400 2,300 73320 Planning Commission 500 500 73410 Shorescan 2,000 2,000 73510 Accounting/Audit Fees - Gen. 9,600 6,500 73550 Legal Counsel 20,000 22,000 73570 MDIA Inspection Fees 3,000 2,900

73575 Code Enforcement 2,600 2,500 Page 3 73580 Other Planning Exp - Planner 15.000 15,000 +.

Total General & Administrative 98,750 $ 91,900 InteresUPrincipal Expense 73420 Interest Expense 73430 Principal Expense 0 0 Total InteresUPrinicpal Expense Depreciation Expense 7 41OO General/Buildings 19,400 17,955 74300 Highways & Streets 17,000 16,735 74500 Parks & Recreation/Dock 16,300 15,765 Total Depreciation Expense $ 51,700 50,455 Licenses & Permits 40120 TV Franchise Fees 5,100 5,000 40310 Building Permits 3,500 3,300

40330 Traders Licenses 20,000 18,500 40500 Other 500 500 Total Licenses & Permits $ 29,100 $ 27,300 Marine Income 40900 Slip Rent 6,630 6,630 40910 Ramp permit fees 700 1.000 Total Marine lncome $ 2,330 $ 7,630 Hiqhwav Taxes $ 40210 Highway User Taxes 49,395 40,674 Page 4 Countv Tax Differential General $ $ 40150 County Tax Differential - 41,230 82,460 Other lncome $ $ 40552 Critical Areas 1,000 1,ooo

40700 Bank Shares 370 370 40711 Community Programs Donations 6,000 5,400 40725 Office Rentals 4.800 4.800 Total Other Income $ 12,1T0 $ 11,5T0

GENERAL REVENUES

Real Property 40100 Real Property Tax $ g+z,zgs {.23121 $ 325,965 {.2217]1 Personal Property $ $ 40000 Personal/Corporation Prop Tax 104,000 85,000 40050 Public Utility Prop Tax 67,972 (New tax - $2.00 per $100) $ 171,972 lnterest on Delinquent Taxes 40175 Interest $ 800 $ 800 State Shared Taxes 40200 Local Income Tax $ 155,000 $ 1 15,000 Interest Income 40750 Interest Income - General $ 5,500 $ 5,500

PROPOSED 06/06/23 TOWN OF QUEENSTOWN Page 1

FY 2024 WATERYSEWER FUND BUDGET

OPERATING EXPENSES:,

Facilities & Equipment Costs 242,470 232,900 Program & Direct Operating Expenses 273,250 267,250 General & Administrative 17,900 26,350 I nteresUPrincipal Expense 237,257 237,257 Depreciation Expense 90.166 89,195

TOTAL OPERATING EXPENSES $ 860,943 (852,9421

LESS: SPECIFIC ACTIVITY OR

PROGRAM REVENUES:

Charqes For Services Sewer & Water Services 819,195 775,290 Interest income 3,000 3.000

TOTAL PROGRAM REVENUES $ 822,195 779,290

SUB.TOTAL PROGRAM

(EXPENSE) REVENUE $ (38,748) (74,6621

TRANSFER OF EXISTING CASH REVENUES $ 38,748 $ 74,662

NET PROGRAM (EXPENSE) REVENUE $ $

(.

PROPOSED 06/06/23 TOWN OF QUEENSTOWN

Page 1

FY2O24 WATERYSEWER FU ND SU BSIDIARY

OPERATING EXPENSES:

Facilities & Equipment Costs:

72570 Utilities - Electric 84,945

72,OOO

71335 Insurance - Property & Liab. 6,600 9,000 72500 Bay Restoration Fees 25,000 25,900 72551 Repairs & Maint - Plant 85,000 85,000 72552 Repairs & Maint - Towers 15,000 15,000 72553 Repairs & Maint - W&S Lines 20,000 20,000 60000 Real Prop Tax on Tower/Cellular Equip 6,025 6,000 Total Facilities & Equipment $ 242,470 $ 232,900 Program & Direct Operating Expenses 72130 Operating Supplies - W/S 4,500 6,000

72510 W/S Operation Fees 165,250 165,250 72520 Lab Fees 10,500 10,500 73530 Engineering Fees 2,500 2,500 72530 Chemicals 40,000 35,000 72560 Sludge Disposal 25,000 22,000 72180 Other W/S Operating Exp. 500 1,000 73590 Tower Consultant Fees 25,000 25,000 Total Program & Direct Operating Expenses $ 273,250 $ 267,250 General & Administrative 73200 Telephone/Alarms - W/S 3,400 3,400 73510 Accounting/Audit Fees - W/S 3,050 5,000

73100 Advertising/Legal Notices - W/S 500 500 73110 Dues and Subscriptions 250 250 73105 Muni-Link 4,400 4,200 73115 Smart Site GIS 1,200 73250 lnternet Services 3,000 3,000 73550 Legal 2.000 10.000 Total General & Administrative 17,900 26,350

TOWN OF QUEENSTOWN

Page 2

FY2O23 WATERYSEWER FU ND SUBSIDIARY

InteresUPrincipal Expense 73420 Interest Expense 117,237 119,529 73430 Principal Expense 118,620 116,329 73460 Loan Admin. Fees 1,400 1,400 Total InteresUPrinicpal Expense 237,257 $ 237,257 Depreciation Expense 74600 WaterMastewater $ 90,1 66 $ 89,195

PROGRAM REVENUE$:

Sewer & Water Services 41200 Sewer Service - Debt 196,060 196,060 41300 Water Service - Debt 44,705 44,705 41250 Sewer Service - Consumption 189,540 164,995 41350 Water Service - Consumption 76,075 61,830 41100 Bay Restoration Fees Payable 25,000 25,900 41400 Penalties Revenue 9,900 3,300 40150 Coung Tax Set-off - W/S Allocation 123,690 82,460 40950 Rent - Cellular Leases 149,300 145,590 41455 Miscellaneous 1,000 750

40155 BNR/ENR O & M Grant 30,000 40955 Real Property Tax - Water Towers 6,025 6,000 Water/Sewer Connection Fees 13.700 Total Sewer & Water Services $ 81 9,1 95 $ 775,290 Interest Income 40750 Interest Income - W/S 3,000 3,000