Town Code & Ordinances Ordinance — Ordinance-24-04

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ORDINANCE NO. 24.04
INTRODUCED BY:
AN ORDINANCE OF THE TOWN OF QUEENSTOWN ADOPTING
A
GENERAL BUDGET FOR THE FISCAL YEAR BEGINNING
JULY 1,2024 AND ENDING JUNE 30,2025 AND ESTABLISHING
A REAL PROPERTY TAX RATE OF $ .2312 PER $1OO OF
ASSESSED REAL PROPERTY VALUE, A TAX RATE OF $ .58
PER $IOO OF ALL ASSESSED COMMERCIAL OR BUSINESS
PERSONAL PROPERTY, AND A TAX RATE OF $2.00 PER $1OO
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%), AS ADOPTED JUNE 22,2022.
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 l, 2024 and ending
June 30,2025, was submitted to Commissioners of Queenstown on May 20,2024, ffid
introduced on May 22,2024, ffid 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" ("Water/Sewer
Budget"); anA
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 ti, Z0Z4;
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 1,2024, and ending June 30,2025, 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
l,
beginning July 2024, and ending on June 30, 2025, shall be $.23 12 per $lgb 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 2024-2025)
Ordinance 24-04
Page I of2

Queenstown for the fiscal year beginning July 1,2024, and ending on June 30,2025,
shall increase \yo, as was adopted by Ordinance 22-06 on June 22, 2022, which
established the fees as follows:
Monthlv Volumetric Water Charges
Effective Dqte: July l, 2024
l"
7,000 gallons $4.07
> 7,000 gallons $4.5I
> I5,000 gallons $5.64
Monthlv Volumetric Sewer Charges
Effective Dqte: Julv I, 2024
l"
7,000 gallons $ 10.77
>7,000 gallons $ I I.9s
> I5,000 gallons $t 4.95
This ordinance shall become effective on the first day of July, 2024.
ORDAINED, APPROVE PASSED by the Town Commissioners for
this
the Town of Queenstown on day of June, 2024.
WITNESS FOR THE TOWN OF QUEENSTOWN
COMMISSIONERS OF QUEENSTOWN
Aaron Horney, To
Budget Ordinance (FY 2024-2025)
Ordinance 24-04
Page 2 of2

May 22,2024 Proposed TOWN OF QUEENSTOWN
FY 2025 GENERAL FUND BUDGET Page
1
FY 2025
PROPOSED
OPERATING EXPENSES:
Personnel Costs 364,466 342,746
Facilities & Equipment Costs 1 15,400 46,650
Program & Direct Operating Expenses 176,375 65,375
1
General & Administrative 109,850 98,750
Depreciation Expense 53,400 51.700
TOTAL OPERATING EXPENSES (819,491) (705,2211
PROGRAM REVENUES:
Licenses & Permits 30,000 29,1 00
Marine Income 7.330 7,330
Total 37,330 36,430
Operatinq Grants and
Contributions
State Shared Highway Taxes 58,270 49,395
County Tax Differential 41,230 41,230
Other Income 13,670 12,170
Total 113,170 102,795

FY 2025
Page 2
PROPOSED
TOTAL PROGRAM REVENUES $ 150,500 $ 139,225
(totals from previous page)
NET PROGRAM
(EXPENSE) REVENUE $ (668,991) $ (565,996)
GENERAL REVENUES
Real & Personal Property Taxes
Real Property $ 346,683 $ 342,295
Personal Property 191 ,970 171 ,972
Interest on Delinquent Taxes 800 800
State Shared Taxes -
Income Taxes 180,000 155,000
Interest income 5.500 5.500
TOTAL GENERAL REVENUES $ 724,953 $ 675,567
TNCREASE (DECREASE) rN
UNRESTRICTED NET ASSETS $ 55,962 $ 109,571
(Net program expense + General Revenues)
pRoJEcrs
ANflctpArED cAptrAL $ (55,962) $ (100,000)
Proposed: Purchase of bucket truck, street paving,
inf rastructure repair/replacement
TRANSFER OF EXISTING CASH RESERVES $
F|NAL TNCREASE (DECREASE) tN
$
UNRESTRICTED NET ASSETS 9,s71

TOWN OF QUEENSTOWN Page
1
FY 2025 GENERAL FUND SUBSIDIARY SCHEDULES
FY 2025
PROPOSED
Personnel Gosts:
70110 Salaries - Administrative 154,740 150,539
70115 Payroll Taxes - All Employees 18,740 17,546
70125 Medical & Life Insurance - Administrative 15,335 14,440
70126 Medical & Life Insurance - Admin Fees 3,510 2,953
70135 Pension Expense - Administrative 18,172 16,720
70140 Pension Exp Ammoratized - Administrative 6,725 6,725
70155 Pension Administration Fee 900 875
70205 Meetings & Travel 7,500 7,500
70210 Salaries - Public Works 90,220 79,660
70320 Medical & Life Insurance - PW 29,860 28,355
70420 Pension Expense - PW 10,494 9,754
70460 Pension Exp Ammoratized - PW 7,880 7,890
70500 Unemployment Comp. 400 900
Total Personnel Costs 364,466 342,746
Facilities & Equipment Gosts:
71310 Otfice Equipment Rentals 1,900 1,900
71320 Office Equipment Repairs 250 250
71330 Utilities - Municipal Office 3,900 3,900
71335 Insurance - Property & Liab. 14,500 14,000
71340 Repairs & Maint - Mun. Office 20,000 1,900
71220 Repairs & Maint - Court House 2,000 2,500
71510 Gas/Oil - Vehicles & Equipment 7,000 7,000
71520 Repairs & Maint - Vehicles 2,400 1,500
71530 Repairs & Maint - Equipment 4,500 5,000
7 1540 Operating Equipment 1,500 1,500
71400 Park - Operating Expenses 1,500 1,500
70130 Dock Repairs 500 500
71110 Dock Electric 850 700
71120 Dock Garbage Collection 4,900 4,900
72553 Water/Sewer Line R&M 50,000
Total Facilities & Equipment 1 15,400 $ 46,650

FY 2025 Page 2
PROPOSED
Proqram & Direct Operatinq Expenses
72220 Queenstown Vol. Fire Co. 14,000 14,000
72200 Communig Policing 5,000 5,000
72410 Waste Collection 65,000 62,000
72420 Recycling Collection 13,500 12,000
72170 Mosquito Control 4,725 4,725
72430 Landfill Fees 2,000 1,500
72360 Street Repair 1,000 1,000
72310 Gurb & Concrete Work 5,000 2,000
72340 Stormwater Ditch Maint. 10,000 7,500
72150 Tree Maint. 5,000 4,000
72110 Grass Mowing
72130 Operating Supplies - General 9,500 9,500
72350 Street Lighting 22,000 23,000
72160 Misc. General Labor 500 500
72165 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 11,000
7 337 0 Holiday Dec/Celebrations 4,000 3,500
73380 Town Yard Sale Costs 150 150
Total Program & Direct
Operating Expenses 176,375 165,375
General & Administrative
731 00 Advertising/Legal Notices 1,500 1,500
73110 Dues & Subscriptions 4,000 2,950
73130 Election Costs 1,000 1,000
73150 Misc. Office Help
731 55 Cleaning Services 5,200 5,500
73160 Office Supplies 2,500 2,000
73165 lTMeb Services 5,500 2,500
73170 Other Administrative Exp. 4,500 5,000
73180 Other Municipal Expense 10,000 10,000
73190 Postage 4,700 4,700
73200 Telephone - General 7,750 8,500
73250 Internet - Otfice 2,400 2,400
7 3320 Planning Commission 500 500
73410 Shorescan 2,000 2,000
73510 Accounting/Audit Fees - Gen. 13,500 9,600

FY 2025 Page 3
PROPOSED
73550 Legal Counsel 25,000 20,000
73570 MDIA Inspection Fees 3,000 3,000
73575 Code Enforcement 4,900 2,600
73580 Other Planning Exp - Planner 12,000 15,000
Total General & Administrative $ 109,850 98,750
Depreciation Expense
7 4100 General/Buildings 18,400 18,400
74300 Highways & Streets 17,000 17,000
74500 Parks & Recreation/Dock 18.000 16,300
Total Depreciation Expense $ 53,400 51,700
Licenses & Permits
40120 TV Franchise Fees 6,000 5,100
40310 Building Permits 3,500 3,500
40330 Traders Licenses 20,000 20,000
40500 Other 500 500
Total Licenses & Permits 30,000 29,100
Marine Income
40900 Slip Rent 6,630 6,630
40910 Ramp permit fees 700 700
Total Marine Income 7,330 7,330
Hishwav Taxes
40210 Highway User Taxes 58,270 $ 49,395

fY 20xt Page 4
PROPOSED
Gountv Tax Differential
General g
40150 County Tax Differential - 41,230
Other Income
40552 Critical Areas $ 1,000 $ 1,000
40700 Bank Shares 370 370
40711 Community Programs Donations 7,500 6,000
40725 Office Rentals 4.800 4,900
Total Other Income $ 13,670 $
12,170
GENERAL REVENUES
Real Property
40100 Real PropertyTax $ 3,16,683 t.2312) g 912,295 l.2g12l
Personal Property
40000 Personal/Corporation Prop Tax $ 124p00 $ 104,000
40050 Public Utility Prop Tax 67,970 qp72 (tax - $2.00 per 9100)
$ $
191,970 171,972
Interest on Delinquent Taxes
40175 Interest $ 800 $ 800
State Shared Taxes
40200 Local Income Tax $ 180,000 $ 155,000
Interest Income
$ $
40750 lnterest Income - General 5,500 s,soo

TOWN OF QUEENSTOWN Page I
FY 2025 WATER/SEWER FUND BUDGET
OPERATING EXPENSES:
Facilities & Equipment Costs 263,900 242,470
Program & Direct Operating Expenses 294,500 273,250
General & Administrative 19,500 17,900
InteresUPrincipal Expense 237,257 237,257
Depreciation Expense 90.1 66 90,1 66
TOTAL OPERATING EXPENSES $ (904,323) (860,943)
PROGRAiI REVENUES:
Sewer & Water Services 849,625 819,195
Interest income 3,000 3,000
Water/Sewer Account Receivables 34.037
TOTAL PROGRAM REVENUES $ 886,662 822,195
SUB-TOTAL PROGRATI
(EXPENSE) REVENUE $ (18,201) (38,748)
TRANSFER OF EXISTING CASH REVENUES $ 19,201 $ 38,749
NET PROGRAM (EXPENSE) REVENUE $ $

May 22, 2024 Proposed TOWN OF QUEENSTOWN
Page
1
FY2O25 WATER/SEWER FU ND SUBSIDIARY
ff
2025 FY 2024
.DRAFT
ADOPTED
Facilities & Equipment Costs:
72570 Utilities - Electric 1 15,000 84,845
71335 Insurance - Property & Liab. 7,900 6,600
72500 Bay Restoration Fees 24,700 25,000
72551 Repairs & Maint - W/S Plants 95,000 85,000
72552 Repairs & Maint - Towers 15,000 15,000
60000 Real Prop Tax on Tower/Cellular Equip 6,300 6,025
Total Facilities & Equipment $ 263,900 222,470
Program & Direct Operating Expenses
72130 Operating Supplies - W/S $ 10,000 4,500
72510 W/S Operation Fees 165,000 165,250
72520 Lab Fees 12,500 10,500
73530 Engineering Fees 3,000 2,500
72530 Chemicals 50,000 40,000
72560 Sludge Disposal 35,000 25,000
72180 Other W/S Operating Exp. 500 500
73590 Tower Consultant Fees 19,500 25,000
Total Program & Direct Operating Expenses 294,500 $ 273,250
General & Administrative
73200 Telephone/Alarms - W/S 3,800 3,400
73510 Accounting/Audit Fees - W/S 4,250 3,050
73100 Advertising/Legal Notices - W/S 500 500
73110 Dues and Subscriptions 250 250
73105 Muni-Link 4,700 4,400
73115 Smart Site GIS
1,200
73250 Internet Services 3,000 3,000
73550 Legal 2.000 2,000
Total General & Administrative 19,500 $ 17,900

TOWN OF QUEENSTOWN
Page 2
FY2O25 WATERYSEWER FU ND SUBSIDIARY
FY 2025 FY 2024
PROPOSED ADOPTED
nteresUPrincipal Expense
I
73420 Interest Expense 114,275 117,237
73430 Principal Expense 121,592 119,620
73460 Loan Admin. Fees 1.400 1.400
Total lnteresUPrinicpal Expense $ 237,257 237,257
Depreciation Expense
$
74600 WaterMastewater 90,166 90,1 66
PROGRAM REVENUES:
Sewer & Water Services
41200 Sewer Service - Debt 196,060 196,060
41300 Water Service - Debt 44,705 44,705
41250 Sewer Service - Consumption 200,365 189,540
41350 Water Service - Consumption 77,100 76,075
41100 Bay Restoration Fees Payable 26,000 25,000
4140O Penalties Revenue 9,000 8,900
40150 County Tax Set-off - W/S Allocation 123,690 123,690
40950 Rent - Cellular Leases 124,255 149,300
41455 Miscellaneous 1,000 1,000
40155 BNRyENR O & M Grant 32,750
40955 Real Property Tax - Water Towers 6,300 6,025
41 465 Adm inistrative Fees 9.400
Total Sewer & Water Services 849,625 819,195
Interest Income
40750 Interest Income - W/S 3,000.00 $ 3,000
Water/Sewer Accounts Receivables 34,037