Town Commissioners Minutes — 2022-05-31
Minutes May 31, 2022 · 1 page(s) in the original
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QUEENSTOWN COMMISSIONERS
WORK SESSION
May 31,2022 PRESENT: President Al Hardee, Commissioner Tom Willis, Commissioner Bryon Callahan, Town Manager Amy Moore, Town Clerk Aaron Horney, Finance Committee Chair Pat Bowell, Town Attomey Lyndsey Ryan
SPECIAL MEETING CALLED TO ORDER AT 3:38PM
The Commissioners met in a work session for the purpose of discussing and reviewing drafts of the FY 2023 General Fund and Water & Sewer Fund budgets.
Ms. Moore and Mr. Horney presented drafts of the General Fund FY2023 Budget to the Commissioners. Discussed were salary figures to include in the proposed budget. After discussion the Commissioners approved the salary schedule structure for current employees as proposed. In addition, the Commissioners discussed and approved the Constant Yield Tax Rate of $ .2217 .After further review and discussion, Commissioners were satisfied with the budget as presented. Current
draft budget shows operating expenses of $692,767. Program revenues of $169,634. General revenues of $532,265. Final increase in unrestricted net assets of $9,132.
Ms. Moore and Mr. Horney presented drafts of the Water/Sewer Fund FY2023 Budget to the Commissioners. Discussed were proposals for increasing the Town's water/sewer consumption rates to address budget deficits in the Water/Sewer Fund occurring over several years. Proposals included increases to consumption rates of 5o/o to 8o/o per year for the next 3 to 5 years. After discussion, Hardee motion to propose an 8o/o increase on water/sewer consumption rates per year
.for the next 5 ltears. Willis second. VOTE: 2 aye - I nay. Commissioner Callahan stated his belief that a smaller increase under 8% would be sufficient. After discussion and agreeing to minor changes to correct errors in the budget, Commissioners were satisfied with the budget. Current draft budget following corrections shows operating expenses of $852,942. Total revenues of $778,280. Transfer of existing cash revenues of $74,662 required to balance the water/sewer
budget.
Ms. Moore stated that ordinances for adoption of the new budgets and water/sewer consumption rate ircreases will be drafted fsr introduction at the next Conunissioners meetin€ in Jure, Qncc introduced, a public hearing will be scheduled for the proposed ordinances onJune22.
There being no further business, Willis motion to adjourn the meeting at 5:32prn. Hardee second.
VOTE:3aye-0nay.
itted, h Hcirne Town Clerk-Trea