Recommended Budget FY2011

The Annual Budget establishes the parameters in which Town Operations must work within for the coming year.  In response to these economic times, staff has worked to find ways to responsibly mitigate continued impacts by controlled spending, proposing no new personnel positions, no new capital improvements and projecting very conservatively future revenues while ensuring core services are delivered to community. 

Town Council was presented the proposed annual Operating Budget on May 11, 2010 at its regular Briefing Session.  Council directed staff on some final points at the recent June 8th meeting:
- reduce the proposed Vehicle Tax from $15.00 per vehicle per year to $10.00 per vehicle per year.  Additional revenue created for fee increase will be dedicated to roadway repairs and maintenance matters.
- balance budget differential created by lowering Vehicle Tax Revenue with Unassigned Fund Balance appropriation

Major Considerations in Budget:

Hold Property Tax Rate  Conservative Revenue Projections  Maintain Core Operational Needs  3 Fulltime Positions Frozen  No New Positions  Increase in Annual Vehicle Decal Fee

Funding Fleet / Equipment Replacement Plans  Control Spending Projections  Preserve Existing Employee Positions  One-time Performance Pay to Employees (No COLA)  Fire Station One CIP project

Proposed Fiscal Year 2011 Annual Operating Budget 

click title to view the entire budget document or use Table of Contents below

Table of Contents:
Vision & Mission Statements
Organizational Chart 
Budget Summary (Major Highlights)
General Fund
Capital Improvements Plan
Additional Information
    Capital Reserve Fund 
    Fee Schedule
    Authorized Positions Profile
    Long Range Financial Model Summary Report

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Adopted Fiscal Year 2010 Annual Operating Budget

 

Budget Calendar and Action Plan
Click here to go to Adopted FY2011 Budget Development Calendar

FY2010 Fee Schedule
Click here to go to Adopted FY2011 Fee Schedule

Archived Items
Click here to go to Archived Reports, Schedules & Plans

 

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