Town Commissioners — 2022-05-31

This record is the Queenstown Commissioners work session on May 31, 2022 to review drafts of the FY2023 General Fund and Water & Sewer Fund budgets. Commissioners approved the proposed salary schedule structure and set the Constant Yield Tax Rate at $0.2217; the General Fund draft showed operating expenses of $692,767, program revenues of $169,634, general revenues of $532,265, and a $9,132 increase in unrestricted net assets. For the Water/Sewer Fund the board discussed multi-year consumption-rate increases and voted 2–1 to propose an 8% annual increase in water/sewer consumption rates for the next five years; the Water/Sewer draft showed operating expenses of $852,942, total revenues of $778,280, and required a $74,662 transfer from existing cash to balance. Ordinances to adopt the budgets and the proposed rate increases will be drafted for introduction at the June meeting and a public hearing is scheduled for June 22; the meeting was adjourned at 5:32 p.m.