Ordinance 08-2022 FY2023 Budget

Exactly as extracted, unformatted — for checking against the original. The readable version is easier to read.

TOWN COUNCIL OF CENTREVILLE
ORDINANCE NUMBER 08-2022
AN ORDINANCE for the purpose of adopting a budget for the Town of Centreville for Fiscal Year
2023.
WHEREAS, by virtue of the power and authority contained in Section 506 of the Charter of the Town
of Centreville,
NOW THEREFORE BE IT ENACTED AND ORDAINED by the Town Council of Centreville as
below and attached:
SECTION I:
The summary of revenues and expenditures are attached hereto as Exhibit A, pursuant to Section 506
of the Town Charter, shall be the budget for Fiscal Year 2023, from July 1, 2022 to June 30, 2023.
SECTION II:
The tax rate levied for Fiscal Year 2023 shall be $0.535 per $100 of assessed value and the public
utility tax rate for Fiscal Year 2023 shall be $13.00 per $100 of assessed value and is incorporated in
the attached document which constitutes the budget.
WHEN EFFECTIVE:
This Ordinance shall take effect and be in full force, effective July 1, 2022.
ATTEST: THE TOWN COUNCIL OF CENTREVILLE
Carolyn M. Brinkley Steven K. Kline, President
Town Clerk
First Reading: Jeffrey D. Kiel, Vice President
Second Reading:
Enacted:
Effective:
(21st calendar day after enactment) Shelby C. Anania, Member
Eric B. Johnson, Jr., Member
Ashley H. Kaiser, Esq., Member
W:\0-COUNCIL ITEMS\ORDINANCES AND RESOLUTIONS\ORDINANCES\2022 Ordinances\Ord-08-2022 FY2023 Budget.docx

Exhibit A
TOWN OF CENTREVILLE
FISCAL YEAR 2023
FINAL
GENERAL FUND
OPERATING BUDGET/With 14% allocation
of costs -$13 PUT
REVENUES
Property Taxes $ 3,369,138
Local Income Taxes 1,658,363
Intergovernmental Revenue 3 23,962
Licenses and Permits 1 11,750
Charges for Services 4 00,308
Miscellaneous Revenue
Other 3 58,332
Investment Earnings 15,050
Subtotal Revenues 6,236,903
Transfer to Permanenet Fund
Transfer to 2012 Bond Payment (376,731)
TOTAL REVENUES $ 5,860,172
EXPENSES
A10 Legislative $ 5 4,586
A70 Planning & Zoning 1 09,550
A81 Municipal Buildings 59,794
A92 General Government 1,191,001
B10 Public Safety 2,051,627
B22 Emergency Services 45,000
C11 Roads 1,375,467
C22 Solid Waste 3 73,400
D10 Parks & Recreation 97,400
H40 Main Street 40,000
H50 Economic Development 40,000
H60 Cemetery 39,724
H90 Watershed 13,600
Cost Transfer to Enterprise Funds (239,015)
Net of Redspeed Revenues/Expenses 25,000
Compensatory hours payout 15,000
Capital Projects 1 73,368
$ 5,465,502
Debt Service
A81 Municipal Buildings -
C11 Roads 3 58,185
D10 Park/Marina 27,536
385,721
Transfer to/from Fund Balance 8,949
TOTAL EXPENSES $ 5,860,172
FY23 Proposed Budget - FINAL
Page 1 4/27/2022

Exhibit A
TOWN OF CENTREVILLE
FISCAL YEAR 2023
FINAL
ENTERPRISE FUND
OPERATING BUDGET/With 14% allocation of
costs -$13 PUT
REVENUES
Usage Charges
Sewer $ 1 ,457,930
Water 1,291,836
Allocation Fees
Sewer 45,121
Water 26,505
Farm Revenue
Farm Rent 50,000
Service Charges
Equipment & Installation 3 ,800
Late Penalties & Fines 33,900
Other Miscellaneous
American Rescue Plan Act (Total $4,871,123)
FY22 Deposit to Shore United ($2,435,561)
2,909,091
TOTAL REVENUES $ 2,909,091
EXPENSES
Project Management 100,000
Sewer $ 792,255
Water 744,318
Farm 49,700
General Insurance -
Cost Transfer from General Fund 239,015
1,925,288
Compensatory hours payout 1 ,000
Capital Projects 154,000 155,000
Debt Service
Sewer $ 453,115
Water 368,425
821,540
Transfer to/from Fund Balance 7,263
TOTAL EXPENSES $ 2,909,091
FY23 Proposed Budget - FINAL
Page 2 4/27/2022