Ordinance 08-2022 FY2023 Budget
Ordinance Date unknown · 3 page(s) in the original
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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