TOWN OF ONLEY PUBLIC NOTICE The Town Council ofthe Town ofOnley will conduct a Public Hearing beginning at 6:00 p.m. on Thursday, June 20, 2024, at the Onley Town Office, 25308 Lankford Highway, Onley, VA for the purpose ofreceiving comments from the members of the public concerning the proposed Town Budget for the fiscal year beginning July 1, 2024, and ending June 30, 2025. The following is a synopsis oft the proposed budget for the fiscal ESTIMATED REVENUES & OTHER SOURCES FOR THE YEAR ENDING year beginning July 1,2024, and ending June 30, 2025: JUNE30,2025 General Property Tax Other Local Tax Fines Interest Income Miscellaneous Income Grant Income Law Enforcement Asst. Reserve to Balance TOTAL $ 73,436.00 $772,500.00 $280,000.00 $ 30,000.00 $ 3,400.00 $ 24,000.00 $ 13,188.00 $ 6.253.00 $1,202,777.00 PROPOSED EXPENDITURES FOR THE YEAR ENDING JUNE 30, 2025 General Government Public Works Public Safety Grant Expense Donations TOTAL $343,495.00 $215,054.00 $590,228.00 $ 24,000.00 $_30.000.00 $1,202,777.00 Proposed Fiscal Year 2024-2025 Tax Levy: Decrease in Real Estate Tax: $0.066/$100.00 value* *Due to the Accomack County reassessment of property, the Town Real Estate Tax Rate will decrease from $ 0.08 per $100.00 value to $ 0.066 per $100.00 value No increase in Personal Property Tax & Boats: $0.30/$100.00 value No increase in Meals Tax No increase in Transient Occupancy Tax No increase in Business License: $30.00