Ordinance 04-2024 - FY2025 Budget
Ordinance Date unknown · 5 page(s)
Read as text View original PDF ↗
Ordinance 04-2024 adopts the Town of Centreville’s Fiscal Year 2025 operating and capital budget. The General Fund is balanced with total revenues and expenses of $7,221,259 (major revenue sources include Property Taxes $3,658,884 and Local Income Taxes $2,125,850) and major expense categories include General Government $1,642,997, Public Safety $2,202,980, and Roads $1,724,501; debt service is $248,925 and $105,650 is budgeted as a transfer to fund balance. The Enterprise Fund is balanced at $3,235,018 in revenues and expenses (Sewer usage $1,607,368; Water usage $1,424,249), with enterprise debt service of $695,000 and a $151,706 transfer to fund balance; enterprise operating expenses list Sewer $954,188, Water $1,031,223, and Farm $84,200. Capital project totals are $372,647 in the General Fund (including $100,000 for municipal building roof/chimney work and $170,447 for police vehicles/equipment) and $218,700 in the Enterprise Fund (including wastewater and water system repairs, GIS and asset management software, and farm/irrigation improvements). The budget also lists specific capital line items (ESRI GIS, asset management software, vehicle and equipment purchases, utility rate studies) and small items such as a $5,000 compensatory hours payout and $15,000 net Redspeed revenues/expenses.
Show the raw extracted text
Exactly as extracted, unformatted — for checking against the original. The readable version is easier to read.
FY2025 Budget TOWN OF CENTREVILLE FISCAL YEAR 2025 REVENUES Property Taxes $ 3,658,884 Local Income Taxes 2,125,850 Intergovernmental Revenue 430,621 Licenses and Permits 129,500 Charges for Services 415,750 Miscellaneous Revenue Other 385,554 Investment Earnings 75,100 Subtotal Revenues 7,221,259 Transfer to Bond Payment TOTAL REVENUES $ 7,221,259 EXPENSES A10 Legislative $ 51,654 A70 Planning & Zoning 85,350 A81 Municipal Buildings 61,795 A92 General Government 1,642,997 B10 Public Safety 2,202,980 B22 Emergency Services 75,000 C11 Roads 1,724,501 C22 Solid Waste 415,000 D10 Parks & Recreation 108,605 H40 Main Street 40,000 H60 Cemetery 49,405 H90 Watershed 16,750 Cost Transfer to Enterprise Funds - Net of Redspeed Revenues/Expenses 15,000 Compensatory hours payout 5,000 Capital Projects 372,647 $ 6,866,684 Debt Service A81 Municipal Buildings - C11 Roads 221,544 D10 Park/Marina 27,382 248,925 Transfer to Fund Balance 105,650 TOTAL EXPENSES $ 7,221,259 FY25 Proposed Budget - FINAL 1 GENERAL FUND OPERATING BUDGET/With 0% allocation o costs - $13 PUT FY2025 Budget TOWN OF CENTREVILLE FISCAL YEAR 2025 ENTERPRISE FUND OPERATING BUDGET/With 0% allocation of REVENUES Usage Charges Sewer $ 1 ,607,368 Water 1,424,249 Allocation Fees Sewer - Water - Farm Revenue Farm Rent 59,000 Service Charges Equipment & Installation 5 ,200 Late Penalties & Fines 64,200 Other Miscellaneous 75,000 3,235,018 TOTAL REVENUES $ 3,235,018 EXPENSES Project Management 100,000 Sewer $ 954,188 Water 1,031,223 Farm 84,200 General Insurance - Cost Transfer from General Fund - 2,169,612 Compensatory hours payout Capital Projects 218,700 218,700 Debt Service Sewer $ 347,500 Water 347,500 695,000 Transfer to Fund Balance 151,706 TOTAL EXPENSES $ 3,235,018 2 costs - $13 PUT FY25 Proposed Budget - FINAL Town of Centreville FY2025 Operating/Capital Budget General Fund FY 2025 Account Description Total Budget A81 - 105 N Liberty Roof, Chimney, Fascia repair/replace,repairs/main, etc. 1-A81-9820-0000 $100,000 Total $100,000 A92 - Administration Class and Comp Study 1-A92-9870-0000 $25,000 ESRI -GIS System Implementation 1-A92-9870-0000 $20,000 Asset Management Software 1-A92-9870-0000 $6,700 Total $51,700 B10 - Police Department Vehicles - 2 - (2 vehicles) 1-B10-9890-0000 $130,000 Ballistic Vest (replacement program) 1-B10-9860-0000 $3,000 Lexipol 1-B10-9870-0000 $14,747 Asset Management Software 1-B10-9870-0000 $6,700 Portable Radios (replacement program) 1-B10-9860-0000 $14,000 Axon Cameras (purchase of 2 spare cameras) 1-B10-9860-0000 $2,000 Total $170,447 C11 - Streets On-call pay 1-C11-7030-0000 $13,000 Bat Wing Mower 1-C11-9860-0000 $15,000 Slide in salt spreader 1-C11-9860-0000 $12,000 Total $40,000 D10 - Parks Street Decorations 1-D10-9860-0000 $7,500 Brochure updating/trail investing 1-D10-9860-0000 $3,000 Total $10,500 Capital Total $372,647 Town of Centreville FY2025 Capital Budget Requests General Fund Cap Ex Budget 3 Town of Centreville FY2025 Operating/Capital Budget Enterprise Fund FY 2025 Account Description Total Budget C21 - Wastewater (DPW) Utility Rate Study 7-C21-9870-0000 $12,500 ESRI -GIS System Implementation 7-C21-9870-0000 $10,000 Asset Management Software 7-C21-9870-0000 $3,350 Geo-Locator 7-C21-9870-0000 $5,000 Sewer Collection System Repairs 7-C21-9860-0000 $55,000 Total $85,850 C24 - Water (DPW) Utility Rate Study 7-C24-9870-0000 $12,500 ESRI -GIS System Implementation 7-C24-9870-0000 $10,000 Asset Management Software 7-C24-9870-0000 $3,350 Geo-Locator 7-C24-9870-0000 $5,000 Fire Hydrant Replacement 7-C24-9860-0000 $12,000 Total $42,850 C25 - Farm, Irrigation, Buildings (DPW) WWTP/Spray irrigation system improvements 7-C25-9860-0000 $75,000 Batwing mower replacement 7-C25-9860-0000 $15,000 Total $90,000 Capital Total $218,700 Town of Centreville FY2025 Capital Budget Requests Enterprise Fund Cap Ex Budget 4