Town Code & Ordinances Ordinance — 2026-06-30

ORDINAI\ICE NO. 25.04

BY:

INTRODUCED Alton Hardee, Jr., President

AN ORDINANCE OF THE TOWN OF QUEENSTOWN ADOPTING

A

GENERAL BUDGET FOR THE FISCAL YEAR BEGINNING

JULY I,2025 AND ENDING JUNE 30,2026 AND ESTABLISHTNG

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 $2.50 PER $1OO

OF ASSESSED PUBLIC UTILITIES; AND ALSO ADOPTTNG 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 1,2025 and ending June 30, 2026, wffi submitted to Commissioners of Queenstown on May 28,2025, ffid introduced on June 3,2025, 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 'fB" ("Water/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 18, 2025;

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 1,2025, and ending June 30,2026, 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 1,2025, and ending on June 30,2026, shall be $.2312 per $100 of assessed real property value, $ .58 per $100 of assessed value on all comm€rcial and business personal property, ffid $2.50 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 2025-2026) Ordinance 25-04 Page I of2 l, Queenstown for the fiscal year beginning July 2025, and ending on June 30, 2026, shall increase \yo, as was adopted by Ordinance 22-06 on Jvne 22, 2022, which established the fees as follows:

Monthlv Volumetric Water Charses Effective Date: July 1,2025 I't 7,000 gallons $4.39 per 1,000 gals >7,000 gallons $4.87 per 1,000 gals > I 5;000 sallons $6.09 per 1,000 sals Monthly Volumetric Sewer Charges Effective Date: Julv I. 2025 I't 7,000 gallons $I1.63 per 1,000 gals >7,000 sallons $I2.91 per 1,000 gals > 15,000 gallons $16.15 per 1,000 gals This ordinance shall become effective on the first day of July,2025.

ORDAINED, APPROVED, AND PASSED by the Town Commissioners for this ltr' the Town of Queenstown on day of June, 2025.

WITNESS FOR THE TOWN OF QUEENSTOWN

COMMISSIONERS OF QUEENSTOWN

Alton Hardee, Jr., President Aaron Horney, Town Budget Ordinance (FY 2025-2026) Ordinance 25-04 Page 2 of2

ADOPTED 06-18-25 TOWN OF QUEENSTOWN

FY 2026 GENERAL FUND BUDGET Page 1

FY 2026 FY 2025

PROPOSED ADOPTED

OPERATING EXPENSES:

Personnel Costs $ 369,099 $ 364,466 Facilities & Equipment Costs 143,730 115,400 Program & Direct Operating Expenses 184,635 176,375 General & Administrative 101,200 109,850 Depreciation Expense 54,100 53,400

TOTAL OPERATING EXPENSES $ (852,764) $ (819,491)

PROGRAM REVENUES:

Licenses & Permits 30,000 $ 30,000 Marine Income 7,130 7,330 Total $ 37,130 $ 37,330 Operating Grants and Contributions State Shared Highway Taxes 66,342 $ 58,270 County Tax Differential 41,230 41,230 Other Income 13,120 13,670 Total $ 120,692 $ 113,170

TOTAL PROGRAM REVENUES $ 158,092 $ 150,500

(totals from previous page)

NET PROGRAM

(EXPENSE) REVENUE $ (694,672) $ (668,991)

FY 2026 FY2025 Page 2

PROPOSED ADOPTED

BALANCE FORWARD $ (694,672) $ (668,991)

GENERAL REVENUES

Real & Personal Property Taxes Real Property $ 372,130 $ 346,683 Personal Property 176,600 191,970 Interest on Delinquent Taxes 800 800 State Shared Taxes - Income Taxes 186,000 180,000 Interest income 5,500 5,500

TOTAL GENERAL REVENUES $ 741,030 $ 724,953

INCREASE (DECREASE) IN

UNRESTRICTED NET ASSETS $ 46,358 $ 55,962

(Net program expense + General Revenues)

ANTICIPATED CAPITAL PROJECTS $ (46,358) $ (55,962)

(Street paving and stormwater ditch replacement)

TRANSFER OF EXISTING CASH RESERVES $ - $ -

FINAL INCREASE (DECREASE) IN

UNRESTRICTED NET ASSETS $ - $ -

ADOPTED 06-18-25 TOWN OF QUEENSTOWN Page 1

FY 2026 GENERAL FUND SUBSIDIARY SCHEDULES

OPERATING EXPENSES: FY 2026 FY 2025

PROPOSED ADOPTED

Personnel Costs:

70110 Salaries - Administrative $ 159,081 $ 154,740 70115 Payroll Taxes - All Employees 19,197 18,740 70125 Medical & Life Insurance - Administrative 16,115 15,335 70126 Medical & Life Insurance - Admin Fees 2,700 3,510 70135 Pension Expense - Administrative 20,730 18,172 70140 Pension Exp Ammoratized - Administrative 6,725 6,725 70155 Pension Administration Fee 790 900 70205 Meetings & Travel 7,500 7,500

70210 Salaries - Public Works 91,861 90,220 70320 Medical & Life Insurance - PW 24,265 29,860 70420 Pension Expense - PW 11,855 10,484 70460 Pension Exp Ammoratized - PW 7,880 7,880 70500 Unemployment Comp. 400 400 Total Personnel Costs $ 369,099 $ 364,466 Facilities & Equipment Costs:

71310 Office Equipment Rentals $ 2,000 $ 1,800 71320 Office Equipment Repairs 250 250 71330 Utilities - Municipal Office 5,100 3,800 71335 Insurance - Property & Liab. 18,580 14,500 71200 Repairs & Maint - Mun. Office 35,000 20,000 71220 Repairs & Maint - Court House 10,000 2,000 71510 Gas/Oil - Vehicles & Equipment 6,000 7,000 71520 Repairs & Maint - Vehicles 2,400 2,400 71530 Repairs & Maint - Equipment 4,500 4,500

71540 Operating Equipment 1,500 1,500 71400 Park - Operating Expenses 1,800 1,500 70130 Dock Repairs 500 500 71110 Dock Electric 1,300 850 71120 Dock Garbage Collection 4,800 4,800 72553 Water/Sewer Line R&M 50,000 50,000 Total Facilities & Equipment $ 143,730 $ 115,400 FY 2026 FY 2025 Page 2

PROPOSED ADOPTED

Program & Direct Operating Expenses 72220 Queenstown Vol. Fire Co. $ 14,000 $ 14,000 72200 Community Policing 5,000 5,000 72410 Waste Collection 68,250 65,000 72420 Recycling Collection 15,510 13,500 72170 Mosquito Control 4,725 4,725 72430 Landfill Fees 2,000 2,000 72360 Street Repair 1,000 1,000 72310 Curb & Concrete Work 5,000 5,000 72340 Stormwater Ditch Maint. 10,000 10,000 72150 Tree Maint. 10,000 5,000

72110 Grass Mowing - - 72130 Operating Supplies - General 9,500 9,500 72350 Street Lighting 22,000 22,000 72160 Misc. General Labor 500 500 72165 Project Management - 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 73370 Holiday Dec/Celebrations 3,000 4,000 73380 Town Yard Sale Costs 150 150 Total Program & Direct Operating Expenses $ 184,635 $ 176,375

General & Administrative 73100 Advertising/Legal Notices $ 900 $ 1,500 73110 Dues & Subscriptions 3,000 4,000 73130 Election Costs 1,200 1,000 73155 Cleaning Services 5,000 5,200 73160 Office Supplies 3,000 2,500 73165 IT/Web Services 4,500 5,500 73170 Other Administrative Exp. 2,000 4,500 73180 Other Municipal Expense 10,000 10,000 73190 Postage 5,100 4,700 73200 Telephone - General 6,200 7,750 73250 Internet - Office 2,500 2,400

73320 Planning Commission 500 500 73410 Shorescan 2,000 2,000 73510 Accounting/Audit Fees - Gen. 15,000 13,500 FY 2026 FY 2025 Page 3

PROPOSED ADOPTED

73550 Legal Counsel 20,000 25,000 73570 MDIA Inspection Fees 3,000 3,000 73575 Code Enforcement 5,300 4,800 73580 Other Planning Exp - Planner 12,000 12,000 Total General & Administrative $ 101,200 $ 109,850 Depreciation Expense 74100 General/Buildings $ 19,100 $ 18,400 74300 Highways & Streets 17,000 17,000 74500 Parks & Recreation/Dock 18,000 18,000 Total Depreciation Expense $ 54,100 $ 53,400

PROGRAM REVENUES:

Licenses & Permits 40320 TV Franchise Fees $ 6,000 $ 6,000 40310 Building Permits 3,500 3,500 40330 Traders Licenses 20,000 20,000 40800 Other 500 500 Total Licenses & Permits $ 30,000 $ 30,000 Marine Income 40900 Slip Rent $ 6,630 $ 6,630 40910 Ramp permit fees 500 700 Total Marine Income $ 7,130 $ 7,330 Highway Taxes 40210 Highway User Taxes $ 66,342 $ 58,270 FY 2026 FY 2025 Page 4

PROPOSED ADOPTED

County Tax Differential 40150 County Tax Differential - General $ 41,230 $ 41,230 Other Income 40552 Critical Areas $ 1,000 $ 1,000 40700 Bank Shares 370 370 40711 Community Programs Donations 8,150 7,500 40725 Office Rentals 3,600 4,800 Total Other Income $ 13,120 $ 13,670

GENERAL REVENUES

Real Property 40100 Real Property Tax $ 372,130 {.2312} $ 346,683 {.2312} Personal Property 40000 Personal/Corporation Prop Tax $ 95,000 $ 124,000 40050 Public Utility Prop Tax 81,600 67,970 $ 176,600 $ 191,970 Interest on Delinquent Taxes 40175 Interest $ 8 00 $ 8 00 State Shared Taxes 40200 Local Income Tax $ 186,000 $ 180,000 Interest Income 40750 Interest Income - General $ 5,500 $ 5,500 ADOPTED 06-18-25 TOWN OF QUEENSTOWN Page 1

FY 2025 WATER/SEWER FUND BUDGET

FY2026 FY2025

PROPOSED ADOPTED

OPERATING EXPENSES:

Facilities & Equipment Costs $ 264,700 $ 263,900 Program & Direct Operating Expenses 309,500 294,500 General & Administrative 21,550 18,500 Interest/Principal Expense 237,257 237,257 Depreciation Expense 91,666 90,166

TOTAL OPERATING EXPENSES $ ( 924,673) $ (904,323)

PROGRAM REVENUES:

Sewer & Water Services $ 836,655 $ 849,625 Interest income 3,000 3,000 Water/Sewer Account Receivables 44,862 34,037

TOTAL PROGRAM REVENUES $ 884,517 $ 886,662

SUB-TOTAL PROGRAM

(EXPENSE) REVENUE $ (40,156) $ (18,201)

TRANSFER OF EXISTING CASH REVENUES $ 40,156 $ 18,201

NET PROGRAM (EXPENSE) REVENUE $ - $ -

ADOPTED 06-18-25 TOWN OF QUEENSTOWN Page 1

FY2026 WATER/SEWER FUND SUBSIDIARY

OPERATING EXPENSES: FY 2026 FY 2025

DRAFT ADOPTED

Facilities & Equipment Costs:

72570 Utilities - Electric $ 115,000 $ 115,000 71335 Insurance - Property & Liab. 8,500 7,900 72500 Bay Restoration Fees 24,700 24,700 72551 Repairs & Maint - W/S Plants 95,000 95,000 72552 Repairs & Maint - Towers 15,000 15,000 60000 Real Prop Tax on Tower/Cellular Equip 6,500 6,300 Total Facilities & Equipment $ 264,700 $ 263,900 Program & Direct Operating Expenses 72130 Operating Supplies - W/S $ 10,000 $ 10,000

72510 W/S Operation Fees 168,000 165,000 72520 Lab Fees 15,000 12,500 73530 Engineering Fees 10,000 3,000 72530 Chemicals 55,000 50,000 72560 Sludge Disposal 30,000 35,000 72180 Other W/S Operating Exp. 4,500 500 73590 Tower Consultant Fees 17,000 18,500 Total Program & Direct Operating Expenses $ 309,500 $ 294,500 General & Administrative 73200 Telephone/Alarms - W/S $ 4,300 $ 3,800 73510 Accounting/Audit Fees - W/S 5,000 4,250

73100 Advertising/Legal Notices - W/S 500 500 73110 Dues and Subscriptions 250 250 73105 Muni-Link 4,800 4,700 73115 Smart Site GIS - - 73250 Internet Services 3,200 3,000 73550 Legal 3,500 2,000 Total General & Administrative $ 21,550 $ 18,500 TOWN OF QUEENSTOWN Page 2

FY2025 WATER/SEWER FUND SUBSIDIARY

FY 2026 FY 2025

PROPOSED ADOPTED

Interest/Principal Expense 73420 Interest Expense $ 111,551 $ 114,275 73430 Principal Expense 124,306 121,582 73460 Loan Admin. Fees 1,400 1,400 Total Interest/Prinicpal Expense $ 237,257 $ 237,257 Depreciation Expense 74600 Water/Wastewater $ 91,666 $ 90,166

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 207,500 200,365 41350 Water Service - Consumption 79,550 77,100 41100 Bay Restoration Fees Payable 26,000 26,000 41400 Penalties Revenue 8,000 8,000 40150 County Tax Set-off - W/S Allocation 123,690 123,690 40950 Rent - Cellular Leases 102,000 124,255 41455 Miscellaneous 500 1,000

40155 BNR/ENR O & M Grant 32,750 32,750 40955 Real Property Tax - Water Towers 6,500 6,300 41465 Administrative Fees 9,400 9,400 Total Sewer & Water Services $ 836,655 $ 849,625 Interest Income 40750 Interest Income - W/S $ 3,000 $ 3,000 Water/Sewer Accounts Receivables $ 44,862 $ 34,037