ETNVAL CHARTER  CHERTFORD  HORTE CAROLIT  ANNUAL BUDGET FOR FISCAL YEAR  JULY 1, 2023 - JUNE 30, 2024    ETIAL CHARTER  HERIFORD:  ORTCAROIIE  TOWN COUNCIL  Earnell Brown, Mayor  Ashley Hodges, Mayor Pro Tempore Jerry Mimlitsch, Councilman Connie Brothers, Councilwoman Sandra Anderson, Counci/woman Janice McKenzie Cole, Town Manager  (Budget Officer)  Gina Durante, Town Clerk John Leidy, Town Attorney    CONTENTS  Town History and Mission Statement  Town Organizational Chart  Budget Process Budget Message Line Item Budget Budget Ordinance    Town History  The Town ofH Hertford was established in 1758 and is North Carolinasseventh oldest town. Itisthecounty seat of Perquimans County and is located on the beautiful Perquimans River. Hertford is home to ay year- round population of approximately 2,200 citizens. The Town operates as a Counci-Manager form of government. The Manager is responsible for the day-to-day operations oft the Town and supervises the employees of the Town. The Town Council is made up of four Council members and a mayor and they  are responsible for creating the policies of the Town.  HERIFORD: OAE AROIT  Mission Statement  To grow Hertford into a first-class community tol live, work, play, and visit through an increased economic opportunity for residents and businesses, improved housing, more accessible youth programs, and more  affordable cost ofl living.    a  of    The Budget Process  Ina accordance with the Local Government Budget and Fiscal Control Act (LGBFCA), this budget document for thet fiscal year ending June 30, 2024, meets the balance budget and inclusiveness requirements. The inclusiveness requirement means the Town may only spend sums of money that have been budgeted [G.S. $159-8(a))- The balanced budget requirement means that any budget ordinance, project ordinance, financial plan, or internal service fund must balance. General Statute $159-8(a) defines a balanced budget as when "the sum of estimated net revenues and appropriated fund balances is equal to appropriations. Afinal legal limit on this budget document is G.S. $159-13, addressing a local government's ability to set a property tax levy and the regulations regarding that levy. Whether this budget is used primarily as a planning vehicle or as a means of reaching political agreement aboutb budgetary - policies, this document adheres tot the three legal limits listed above and follows a process provided by the LGBFCA. There are three general stages of budget preparation and enactment including (1) departmental formation of expenditure requests and revenue estimates, (2) preparation of a recommended budget document by the budget officer, and (3) review and enactment At the start of the budgeting process, it is common for the budget officer to produce a budget calendar, detailing the dates by which each stage of the annual budget process is to be completed. The LGBFCA requires mandatory dates at which certain processes must be completed (G.S. SS 159-10t to 13). Departmental requests must be submitted to the budget officer. Arecommended budget must be given to the governing body no later than June 1st, and the governing body must enact the budget ordinance at the start of the Upon submission of the annual budget document, the governing body must schedule a public hearing detailing that a budget has been submitted and that copies are available for public inspection [G.S. $159-12(b))- This notice will provide the time, date, and place oft the budget hearing. The Town of Hertford strives to provide ample time between notice and the hearing date to provide the public an opportunity to attend the hearing. These strong public participation practices will improve the Town's responsiveness and accountability. Several legal provisions apply to the governing body review and adoption of the Budget Ordinance. First, ten days must elapse between submission of the budget and adoption of the Budget Ordinance [G.S. $159-13(a))- Also, the governing body may conduct its review in both special and regular meetings. Open meetings laws (see G.S. $143-318.12) apply to the aforementioned situations, each board member must be notified of said meetings. There is no provision allowing for closed sessions for the local budget process. Another process in budget preparation and enactment is amending the Abudget may need to be amended because revenue forecasts are developed months in advance of the fiscal year, these revenue collections may deviate, and expenditures and emergencies may arise requiring extra funding. A policy should specify the exact  oft the annual budget ordinance by the respective governing body.  fiscal year, July 1st.  budget.    circumstances under which the legislative body may amend the budget. Most budget amendments follow the same deliberative process. The Manager first proposes a package of amendments and the full Council then considers and acts upon the proposal. Finally, the budget is enacted upon official adoption of the Budget Ordinance, not later than July 1st. If the budget is not adopted, then G.S. $159-16 requires that an interim budget be adopted. The purpose of an interim budget is to ensure normal operations continue without any changes in program funding. Upon adoption of the Budget Ordinance, G.S. $159-13(d) requires the budget be entered into the governing body's  minutes within five days of adoption.    COMMISSIONERS: ASHLEYHODGES MAYORI PROTEM JERRYI MIMLITSCH CONNIE BROTHERS SANDRA! ANDERSON  EARNELL BROWN MAYOR JANICE MCKENZIE COLE TOwNI MANAGER GINAI M. DURANTE TOWNO CLERK JOHNI LEIDY TOWN ATTORNEY  ONAE CHARTER RMXMAMA  HERTFORD: ORTH CAROLIN  BUDGET MESSAGE  Madam Mayor, Mr. Mayor Pro Tem, Council Members  lam before you to provide a more formal presentation of the goals of the budget, an explanation of changes in program goals, and the program and appropriation levels than were explained in my power point presentation in April when the proposed Operating Budget for Fiscal Year 2023-2024 was first introduced. This budget was prepared in accordance with the North Carolina Local Government Budget and Fiscal Control Act. Itwas also prepared consistent with Council's goals and priorities as they Our budget consists of three (3) funds, the general fund and our two enterprise funds, There has been little change in the revenue in our general fund over the last couple of years, and we know that to increase this amount significantly, without relying on tax increases, we must continue to move forward with Council's priority for the development of new housing and the rehabilitation of existing housing. Nonetheless, our property tax value did increase $2.7 million over last year's and based on past performance, we anticipate a collection rate of 98.7%. The expenditures in this fund reflect our plan to shift more staff positions to administration and our Main Street Program to develop and implement strategies to focus on our priorities, to enable us to prepare succession plans for smooth transitions, and to pay salaries that are One of our enterprise funds is water/wastewater (sewer). The infrastructure in our water and wastewater operations has been neglected for decades, not just in Hertford or North Carolina, but across the nation. This prompted Congress to pass the American Rescue Plan Act (ARPA) and Hertford has fared well in receiving grants to improve our operations. The Department of Environmental Quality, Division of Water Infrastructure has approved the Town for $14.9 million in grants, over $9 million of which is toi improve our waterlines that cause the standing water and sinkholes in many of our streets. This sounds like a lot of money, and is, but it won'tcover all of the work Town ofHertford . P.O. Box 32 e 114 West Grubb el Hertford, North Carolina 27944  have been developed for the strategic plan. water and wastewater (sewer) and electric.  competitive.  Phone (252)426-5311 e Fax (252)426-7060    that needs tol be done. We cannot rest on our laurels because oft this and the additional grants we have received. Nothing is stagnant. Every piece of equipment has a life expectancy and needs to be serviced during that life. Ift there is no plan, at the end of that life expectancy (which might be accelerated ift there has been no maintenance) we have nothing and have to start from scratch to rebuild our infrastructure. We should never find ourselves in this position again. We cannot continue to operate just for today. It is unfair to our residents and as you well know, it is unfair to future town councils. So budgeting in the Town of Hertford has moved from a game of checkers to a game of chess. Whether you call it budgeting for depreciation or budgeting for a The bulk of the revenue for our water/wastewater enterprise fund comes from what we charge as a base fee and for usage. Arate study by the Rural Water Association (RWA) found our Water Treatment and Distribution operation to be in a positive position. We anticipate an increase of $154,771 over last year's revenue. However, our Wastewater Treatment & Collection Department is actually losing money and the rate study recommended that we take immediate action to remedy this drain. Wewere already taking steps to notify the Town of Winfall, whose wastewater we treat, that there would be an increase for their usage. They were still paying the $90,000 annually that was last assessed 10 years ago. The increase in cost chemicals and other expenses required us to adjust their payment to $144,000 a year. But, Winfall aside, we had to look toward increasing our revenue over our expenses within Town, and start funding depreciation. The rate study proposed three options. Of course, as we try to correct the years of neglect, we must be mindful oft the impact that any increases have on our residents. We selected the option that would allow us to break even this fiscal year with no increase in the base rate and a 9.40% increase in the usage rate. Much smaller percentage increases should continue over the next four years and by FY 2028-2029 when the sewer debt of $150,000 per year ends, that money can be applied to start fully funding depreciation. For those whose usage is 12,000 gallons or less, the increase would be from $11.13 to $13.23. For those whose usage is over Our second enterprise fund is the electric fund. This is very different from our water/wastewater fund in that we are buying a product and reselling it with minimal profit, thus our base charge for electric service should cover all of the expenses associated with operating the Electric Department. That includes meter replacement and maintenance, meter reading, customer service department, the costs of billing residents and receiving payments. Again, mindful of and sensitive to the impact that these increases have on our residents we chose to do an incremental increase rather than the full amount to bring us to the recommended rate. We began by imposing a base rate of $30 on ourselves in that previously municipal service was not paying a base rate. Residential was increased from $11.72 to $15.00, small general service was increased from $25.28 to $30.00, large general service was increased from $105.211 to $150, and large demand service peak demand was increased from $101.10 to $500. Future increases will be required to enable us to cover the expenses of operations and to fund capital spending at a minimum of $150,000 a year in order to Iti is not all bad news. We are financially sound. There is no recommendation for a property tax increase this year. Our fund balance in the general fund is $1,264,967 in Town ofHertford . P.O. Box 32 . 114 West Grubb e Hertford, North Carolina 27944  capital improvement plan, we have to do it.  12,000 gallons the increase would be from $13.91 to $15.22  catch up.  Phone (252) 426-5311 e Fax (252)426-7060    unallocated funds. We are at 80%, whereas Town Council previously set a requirement of 20% of the general fund. During the course of this fiscal year, we anticipate presenting budget amendments to move moneys out of the fund balance to the general fund to carry out priorities that are in the strategic plan. We have included inth this budget a 4% cost of living increase for our employees. We have budgeted for, encourage and reward employees who take advantage of training opportunities that will enhance their performance, count toward them obtaining certifications, and In summary, lwould reiterate that we are now playing chess and how we allocate and  increase their value to the Town. spend the Town's dollars is strategic.  Respectfully submitted  Janice McKenzie Cole Town Manager  Town of] Hertford e P.O. Box 320114 West Grubb e Hertford, North Carolina 27944  Phone (252) 426-5311 . Fax (252)426-7060    PTETIECTET  HERIFORD  OA CAROLINT  FY2023-2024 Budget  Department's Line-Item Budgets    GENERAL FUND Revenues  FY'21-'22 $688,162.00 $740,180.00 $ 767,730 $25,000.00 $35,000.00 $ 25,000 $3,000.00 $10,000.00 $25,000.00 $25,000.00 $ 25,000 $2,300.00 $500.00 $12,000.00 $12,000.00 $ $99,000.00 $100,000.00 $ 27,000 $1,620.00 $9,500.00 $55,000.00 $65,000.00 $ 59,000 $571,919.00 $639,000.00 $ 655,000 $73,000.00 $50,000.00 $ 58,000 $78,144.00 $60,000.00 $ 75,000 $75,000.00 $80,000.00 $ 80,000 $5,000.00 $18,000.00 $ 20,000 $67,516.00 $20,000.00 $  FY'22-'23 FY'23-'24 $3,000.00 $ $5,000.00 $ $2,500.00 $ $5,000.00 $ 42,480 $1,600.00 $ $8,500.00 $  103000. 0000 Appropriated Fund Balance 103010.0000 Ad-Valorem Taxes ($.65 tax rate) 103010.0000 Prior Year Taxes ( 2011-2021 Taxes) 103090.0000 Housing Authority 103170.0000 Tax Penalty & Interest 103190.0000 Town Tags 103250. 0000 Business Registration 103290.0000 Interest on Investments 103350.0000 DMVI Misc. Revenue 103370.0000 Utility Franchise Tax (Nat. Gas, Elec. and Telecon! 103380,0000 Solid Waste Disposal Tax 103410.0000 Beer & Wine Tax 103430.0000 Powell Bill 103450.0000 Local Option Sales Tax 103460.0000 DMV Commission Fees 103470.0000 ABC Store Net Profits 103500.0100 County Fire Protection 103510.0 0000 Policel Misc Revenue 103610.0000 Cemetery Revenue 103810. 0000 Mics. Revenue  3,000 7,000 2,500 18,000 1,400 7,500  2,000 7,500 1,300  .0101 Fireman's Relief Fund Payment from State($4,000) .0102 From SEI for Firemen Life Ins. ($3,516) .0103 Zoning Fees ($3,000) 1004 EAP Grant ($1,000) .0105 Weilness Grant ($2,000) .0106 Fee Schedule (5,000) 0107 Misc. Revenue 103830.0100 Solid Waste Collection Fee 103970.3000 Contrib. From Water & Sewer 103970.3100 Contrib. From Elec. Fund 103990. 0300 Vol. Fire Dept. Grants 0301 Dept. of Insurance (Town Match) .0302 FEMA Grant 103990. .0700 Internal Service Reimb. (Admin Chg.) 103990.0 .0800 Elec. System Payment in Lieu of Taxes 103990. 0900 Elec. System Operating Transfer (3% of fixed asse 103990.1400 Fund Balance Appropriated 105100.1100 Police Operating Fund TOTAL GENERAL FUND REVENUE EXPENDITURES 10.4100 GOVERNING BODY 10.4200 ADMINISTRATION 10.5100 LAW ENFORCEMENT 10.5300F FIRE 10.5600 STREET 10.5800 SANITATION 10.5900 SUPPORT 10.6600 NON-DEPARIMENTAL 10.7100 NCI DMV 10.6400 CEMETERY 10.8600 PLANNING 10.8700 MAIN STREET  $ $ $1,500.00 $ $0.00 $ $0.00 $ $1,300.00 $ $0.00 $ 50,000  $143,136.00 $143,000.00 $ 124,000 $26,000.00 $30,000.00 $ 30,000  $0.00 $0.00  $9,855.00 $84,000.00  $2,064,652.00 $2,045,580.00 $ 2,088,410  $ 727,527 $ 350,000 $ 230,899 $ 396,024 $ 143,000 $ 10,000 $ 66,668 $ 52,500 $ 69,257 $ 42,535 $ 2,088,410 $ (0)    ADMINISTRATION 10.4200 (&10.4100) Dept. 10.4200 10-4200-0200 10-4200-0300 10-4200-0400 10-4200-0500 10-4200-0600 10-4200-0700 10-4200-0900 10-4200-1000 10-4200-1100 10-4200-1101 10-4200-1110 10-4200-1300 10-4200-1500 10-4200-1600 10-4200-1700 10-4200-1710 10-4200-2000 10-4200-2600 10-4200-3300 10-4200-5400 10-4200-5700 10-4200-5900 10-4200-7400  Manager Recommend FY 2023-2024 346,664 $ 7,500 $ 93,500 $ 39,520 $ 50,400 $ 44,789 $ 12,000 $ 9,500 $ 50,000 $ 6,000 $ 29,000 $ 11,000 $ 2,500 $ 2,000 $ 500 $ 1,000 $ 1,000 $ 2,500 $ 4,000 $ 10,000 $ 3,654 $ 500 $ 727,527 $  Approved Budget FY2023-2024  Object Expense Account Salaries (emplyees) Planning/zoning Board Wages Professional Services FICA & 401K Insurance (Health) Retirement Travel & Training Election Expenses Operating Expenses Postage Communications Utilities/Electricity Maintenance- Bldg. (Community Bldg) Fuel Tax Refund Advertising Materials & Supplies Ins  Budget FY2022-2023 $ 179,109.00 $ $ 500.00 $ $ 100,000.00 $ $ 22,608.00 $ $ 27,841.00 $ $ 19,218.00 $ $ 12,000.00 $ $ 50,000.00 $ $ 7,000.00 $ $ 5,000.00 $  346,664 7,500 93,500 39,520 50,400 44,789 12,000 9,500 50,000 6,000 29,000 11,000 2,500 2,000 500 1,000 1,000 2,500 4,000 10,000 3,654 500 727,527  $ $ $  Maintenance & Repair $ 5,000.00 $ Maintenance - Vehicle $ 1,200.00 $  $  $ 21,000.00 $ $ 1,500.00 $ $ 5,000.00 $  Liability/Workers Comp $ 8,995.00 $ Miscellenous Expenses $ 10,000.00 $  Late Fees/Penalties /Interest Charges Capital Outlay Administration  $ 5,000.00 $  $  480,971 $    Law Enforcement 5100  Manager  5100  Object Expense Account Budget FY Recommend  Approved Budget  2022-2023 $350,000.00 $  FY2 2023-2024 FY2023-2024 350,000 $ 350,000.00  105100.0000 Contract Expense 105100.0200 Salary & Wages 105100.0500 FICAT/S 105100-0700 Retirement 105100.1100 Operating Exp 105100.1300 Utilities  Public Safety  $  350,000 $  350,000    Fire 5300  Approved Budget FY2023-2024  Object Account  Manager Recommend FY 2023-2024 $ $ 3,000.00 $ $ 25,000.00 $ $ 5,000.00 $ $ 3,000.00 $ 8,000.00 $ $ 11,000.00 $  Dept. 10.5300 Expense 10-5300-0200 Wages/Bonus 10-5300-0500 Fica T/S 10-5300-0700 Retirement/nsur $ 10-5300-1100 Operating 10-5300-1300 Electricity 10-5300-1400 Travel & 10-5300-1600 Maint & Repair $ 10-5300-1700 10-5300-1710 Fuel 10-5300-3300 10-5300-5400 Liability 10-5300-7400 Capital 10-5300-7500 Grants  Budget FY2022-2023  17,000 $ 1,301 $ 3,000 $ 20,000 $ 6,720 $ $ 5,000 $ 10,000 $ 4,500 $ 66,378 $ 2,000 $ 35,000 $ $ 60,000 $ 230,899 $  17,000 1,301 3,000 20,000 6,720 5,000 10,000 4,500 66,378 2,000 35,000 60,000 230,899  ance Expenses Training Vehicles Expense Material & Supplies Insurance Outlay/Equip Fire  $  10-5300-1800 Truck Payment $ 41,262.00 $  $ $ $  1,000.00 $ 29,000.00 $ 5,000.00 $ $ 30,000.00 $ 161,262.00 $    Street Expenditures 5600 5600  Approved FY2 2022-2023 $ 191,048.00 $  Object Expense Account  Manager 2023-2024 162,232 $ 15,000 $ 3,500 $ 18,494 $ 42,000 $ 20,944 $ 750 $ 10,000 $ 1,500 $ 5,345 $ 800 $ 500 $ 4,000 $ 8,000 $ 500 $ 6,430 $ 15,000 $ 500 $ 7,000 $ 500 $ 3,200 $ 15,000 $ 20,000 $  Budget Recommend FY Approved  Budget FY2023-2024 162,232 15,000 3,500 18,494 42,000 20,944 750 10,000 1,500 5,345 800 500 4,000 8,000 500 6,430 15,000 500 7,000 500 3,200 15,000 20,000  105600.0200 Salaries 105600.0202 Overtime 105600,0400 Professional 105600-0410 Equipment Rental 105600. 0600 Insurance 105600.0700 Retirement 105600.0900 Schools, Travel, & $ 105600.1100 Operating 105600-1110 Communications 105600,1300 Utilities 105600.1400 Safety shoes, 105600.1500 Maintenance & 105600.1510 Park Mainten. 105600.1610 Maintenance & 105600.1710 Fuel 105600.3200 Office Supplies 105600.3300 Materials & 105600.3310 Street Signs 105600.3500 Uniforms 105600.4500 Poweil Bill 105600. 5800 Debt Service 105600.7300 Capital  $ $  Services  105600.0500 FICA (&401K) $ 20,444.00 $  $ 25,176.00 $ $ 17,378.00 $ 2,000.00 $ $ 24,500.00 $  Training Expense  $ 8,200.00 $ $ $ $ $ $ $ $ $  $  Physicals Repairs Building Repair- Equip. Repair-Streets  105600.1600 Maintenance & $ 17,500.00 $ 105600,1700 Vehicle Expense $ 30,000.00 $  $ 10,000.00 $ $ 65,000.00 $  Supplies  105600.5400 PL&WC Insurance $ 19,787.00 $  $ 62,000.00  Improvements  105600. 7400 Capital Outlay $ 55,000.00 $ 105600.8000 Ice Plant Loan $ 19,400,00 $  $ 11,329 $ 20,000 $ 3,500 $ 396,024 $  11,329 20,000 3,500 396,024  105600.8100 Landfill 105600.9000 Contingency  $ 20,000.00 $ $ 10,000.00 $ $ 597,433.00 $  Maintenance Street    Sanitation 5800 Dept. 10.5800 105800.0000  Approved Budget  Manager Recommend  Object Expense Account Contract Expense Sanitation 5800  Approved Budget  Budget FY2022-2023 FY2023-2024 FY: 2023-2024  $143,000.00 $ 143,000.00 $ $ 143,000 $  143,000 $ 143,000 $  143,000 143,000  143,000 $    Cemetery 6400 Dept. 10.6400  Object Expense Account Contract Upkeep Cemetery  Manager Recommend FY Budget 2023-2024  Approved FY2023-2024 47,500 5,000 52,500  Budget FY: 2022-2023  106400.0000 Cemetery $ 43,000.00 $ 106400.1000 Cemetery $ 7,000.00 $  47,500 $ 5,000 $ 52,500 $  $  50,000 $    Non-Departmental 6600  Manager Recommended Budget  Approved Budget 2,000 2,000 2,000 2,000 2,000 10,000  Dept 10.6600  Budget FY: 2022-2023 2,000 $ $ 2,000 $ $ 2,000 $ $ $ $ 6,000 $  FY 2023-2024 FY2 2023-2024  Donations to Perquimans Art League $ Donation to Perquimans Tourism Donation to Chamber of Commerce Donation to Open Door Donation to HHI for Fireworks NON-DEPARTMENTAL  2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 10,000 $    DMVI License Plate Agency7100 Dept. 10.7100  Object Expense Account  Budget FY2022-2023  Manager Recommend FY2023-2024  Approved Budget FY2023-2024  107100.0200 Salaries $ 23,402.00 $ 107100.0500 FICA &401K $ 107100.0600 Insurance $ 107100.0700 Retirement $ 107100.1100 Operating $  37,820 $ 4,312 $ 16,800 $ 4,886 $ 150 $ 200 $ 2,500 $ 66,668 $  37,820 4,312 16,800 4,886 150 200 2,500 66,668  2,525.00 $ 3,110.00 $ 2,147.00 $ 137.21 $  Expenses Material & Supplies Liability/Wrk Ins  107100.3300  $  107100.5300 ers Comp $ 2,401.00 $  NCDMV License Plate Agency  $  33,722 $    Planning 8600 Dept. 10.8600  Board Approved FY2023-2024 33,589 3,829 4,340 1,000 3,000 7,500 1,000 5,000 10,000  Approved Budget FY2022- FY2023-2024 2023 $5 55,820.00 $ $ 6,013.00 $ $ 7,405.00 $ 5,111.00 $ $ 2,000.00 $ $ 3,000.00 $ $11,780.00 $ $ 500.00 $ $5 50,000.00 $5 50,000.00 $ 192,629.00 $  Manager Recommend  Object Expense Account  108600.0200 Salaries/Planning Board 108600.0400 Professional Services 108600.0500 FICA & 401k 108600.0600 Insurance 108600.0700 Retirement 108600.0900 Travel & Training 108600.1100 Operating Expense 108600.3300 Material & Supplies 108600.5700 Miscellaneous Expense 108600.7100 Demolition 108600.9000 Grant Match  33,589 $ 3,829 $ 4,340 $ 1,000 $ 3,000 $ 7,500 $ 1,000 $ 5,000 $ 10,000 $ 69,257 $ 69,257  108600.5300 Liability/Workers Comp Ins $ 1,000.00 $  Planning    Main Street 8700  Board  Manager Recommend Approved  Dept. 10.8700 Object Expense Account  Budget FY2023-2024 FY2023-2024  2022-2023  108700.0200 Salaries/Planning. Board 108700.0400 Professional Services 108700.0500 FICA & 401k 108700.0600 Insurance 108700.0700 Retirement 108700.0900 Travel & Training 10800.1100 Operating Expense 108700.3300 Material & Supplies 108700.5300 Liability/Workers Comp Ins 108700.5700 Miscellaneous Expense  $  34,486 $ 34,486  $  3,780 $  3,780  $ $  1,768 $ 1,000 $  1,768 1,000  $ $ 0.00 $  500 $ 1,000 $ 42,535 $ 42,535  500 1,000  Main Street    ENTERPRISE FUND Revenues WATERWASTEWATER 303000.0000 Fund Balance Appropriated 303290.0000 Interest Earned 303350.0000 Miscellaneous Water Revenue 303350.0100 Miscellaneous Sewer Revenue 303710.0000 Water Taps 303710.0300 Water User Fees 303710.0400 Sewer Taps 303710.0500 Sewer User Fees 303710.0100 Water Charges 303710.0200 Sewer Charges 303710.0600 Winfall Charges  FY'21-'22  FY-22-'23 $0.00 $0.00 $ $0.00 $9,000.00 $ $1,000.00 $ $0.00 $1,000.00 $ $0.00 $807,741.00 $ $1,065,866.00 $ $90,000.00 $  FY-23-24  $0 $0 $3,300.00 $0.00 $1,000.00 $0.00 $1,000.00 $0.00 $ 768,904.23 $ 1,105,316.74 $90,000.00  8,168 5,600 1,000 1,000 803,107 1,240,972 144,000 2,203,847  $1,969,520.97 $1,974,607.00 $  Expenditures Water Distrib Water Wastewater Collections Wastewater Treatment  $70,420 $710,941 $446,420 $976,066 $2,203,847 $0    Water Distribution 8000  Object Expense Budget Account  Manager Recommend FY2023-2024  Dept. 30.8000  Approved Budget FY2023-2024 2,600 2,500 15,100 50,220 70,420  FY2022- 2023  308000.0400 Professional 308000.1100 Operating 308000.3300 Materials & 308000.7300 Capital 308000. 9400 Contingencies  $ $ $ $ $  2,600 $ 2,500 $ 15,100 $ 50,220 $ 70,420 $  Services Expense Supplies Improvements Water  $    Water Plant Expenditures 8100  Dept. 30.8100  Object Expense Approved Account  Manager Recommend  Budget FY2022-2023  FY2023-2024 Approved Budget  FY2023-2024 150,151.98 39,700.00 17,117.33 25,200.00 19,399.64 1,000.00 51,000.00 8,250.00 17,200.00 450.00 3,350.00 19,991.00 11,500.00 4,467.00 5,900.00 750.00 20,000.00 1,275.00 4,500.00 9,000.00 17,000.00  308100.0200 Salaries 308100.0210 Overtime 308100.0400 Professional 308100.0500 FICA 308100.0600 Insurance 308100.0700 Retirement & 308100.1100 Operating 308100.1110 Communications 308100.1300 Utilities 308100.1400 Safety Boots 308100.1410 Equipment Rental 308100.1500 Maintenance &  $ 69,782.00 $ 150,151.98 $ $ 8,700.00 $ 39,700.00 $ $ 7,456.00 $ 17,117.33 $ $ 9,182.00 $ 25,200.00 $ $ 6,338.00 $ 19,399.64 $  Services  401k Training Expense  308100.0900 Schools, Travel8 & $ 4,600.00 $ 1,000.00 $  $ 91,550.00 $ 51,000.00 $ $ 34,640.00 $ 17,200.00 $  $ 8,250.00 $ $  450.00 $ $ 3,350.00 $ $ 19,991.00 $  Repair-Building Repair-Equip  308100.1600 Maintenance & $ 15,000.00 $ 11,500.00 $ 308100.1700 Vehicle Expense $ 10,100.00 $ 4,467.00 $  308100.1710 Fuel 308100.3200 Office Supplies 308100.3300 308100.3500 Uniforms 208100.5300 Dues 308100.7300 Capital 308100.7400 Capital Outlay $ 308100.7600 Equipment/not 308100.8200 Water Loan 308100.9400 Contingencies  $ 5,900.00 $ $ 750.00 $  Materials & Supplies  $ 9,400.00 $ 20,000.00 $ $ 2,070.00 $ 4,500.00 $ $ 30,000.00 $ 17,000.00 $  $ 1,275.00 $  308100.5400 PL&WC Insurance $ 9,651.00 $ 9,000.00 $  Improvements Capitsl  $  $  308100.8000 Ice Plant Loan $ 5,948.00 $ 5,948.00 $  5,948.00 240,280.40 37,511.00 710,941  $_3 312,118.00 $ 240,280.40 $  $ 37,511.00 $ 710,941 $  Water  $  626,535 $    Wastewater Collection Expenditures 8200  Approved Budget FV2022-2023 $ 113,440.00 $ 6,200.00 $ $ 12,026.00 $ $ 14,809.00 $ $ 10,222.00 $ $ 6,000.00 $ $ 8,000.00 $ $ 39,100.00 $  Approved Budget FY2023-2024 154,259 6,500 17,586 25,200 19,930 2,800 1,300 6,500 32,000 1,200 6,600 10,000 25,000 25,780 11,100 2,500 9,000 27,000 25,000 5,948 31,217 446,420  Manager Recommend FY 2023-2024 154,259 $ 6,500 $ 17,586 $ 25,200 $ 19,930 $ 2,800 $ 1,300 $ 6,500 $ 32,000 $ 1,200 $ 6,600 $ 10,000 $ 25,000 $ 25,780 $ 11,100 $ 2,500 $ 9,000 $ 27,000 $ 25,000 $ 5,948 $ 31,217 $ 446,420 $  Dept. 30.8200  Object Expense. Account  308200.0200 Salaries 308200.0210 Overtime 308200.0400 Professional Services 308200.0500 FICA & 401K 308200.0600 Insurance 308200.0700 Retirement 308200.0900 Travel & Training 308200.1100 Operating Expenses 308200.1110 Communications 308200.1300 Ultilties/Electricity 308200.1400 Safety Boots 308200.1410 Equipment Rental 308200.1500 Maintenance & Repair-Building 308200.1700 Vehicle Expense 308200.1710 Fuel 308200.3300 Materials & Supplies 308200.5400 PL &WC 308200.7300 Capital Improvements 308200.7400 Capital Outlay 308200.8000 Ice Plant Loan 308200.9400 Contingencies  $  $ $ $ $  308200.1600 Maintenance & Repair-Equipment $ 59,500.00 $  $ 35,000.00 $ $ $ 1,500.00 $ $ 8,473.00 $ $ $ $ $ 5,948.00 $ $ 5,000.00 $ $ 325,218 $  Wastewater Collection    Wastewater Treatment Expenditures 8300 Dept. 30.8300 Object Expense Account  Approved Budget  Approved Budget Manager  Recommend  FY2022-2023 FY2023-2024 FY2023-2024  308300.0200 Salaries 308300.0210 Overtime 308300.0400 Professional Services 308300.0410 Equipment Rental 308300.0500 FICA& 401K 308300.0600 Insurance 308300.0700 Retirement 30.8300.0900 Travel & Training 308300.1100 Operating Expenses 308300.1110 Communications 308300.1300 Utilities/Electricity 308300.1400 Safety Boots 308300.1500 Maintenance & Repair-Building 308300.1600 Maintenance &F Repair- Equipment $ 308300.1700 Vehicle Expense 308300.1710 Fuel 308300.3200 Office Supplies 308300.3300 Materials & Supplies 308300.3310 Lab Supplies 308300.3500 Uniforms 308300.5400 PL&WC 308300.7300 Capital Improvements 308300.7400 Capital Outiay 308300.8000 Ice Plant Loan 308300.8200 Sewer Loan 308300.9300 Internal Service Charge 308300.9700 Contingencies  $ $ $ $ $ $ $  119,773.00 $ 6,200.00 $ $ 13,228.00 $ 16,290.00 $ 11,245.00 $ $ 58,800.00 $ $ 92,000.00 $ $ $ 71,500.00 $ 15,000.00 $ $ $ 41,640.00 $ $ $ 7,500.00 $ 112,000.00 104,500.00 $ 8,923.00 $ 333,971.00 $ 5,229.00 5,000.00 $ 1,022,799.00 $ 976,066 $  154,259 $ 17,550 $ 6,350 $ 17,585 $ 16,800 $ 19,930 $ 2,800 $ 84,400 $ 3,065 $ 92,000 $ 2,400 $ 5,000 $ 30,500 $ 22,780 $ 8,000 $ 1,200 $ 42,700 $ 12,400 $ 2,550 $ 8,000 $ 55,000 $ 5,948 $ 333,630 $ 31,217 $  154,259 17,550 6,350 17,585 16,800 19,930 2,800 84,400 3,065 92,000 2,400 5,000 30,500 22,780 8,000 1,200 42,700 12,400 2,550 8,000 55,000 5,948 333,630 31,217 976,066  $ $ $ $ $ $ $ $ $ $  Wastewater* Treatment    ENTERPRISE FUND ELECTRIC Revenues  FY2021-2022 FY2022-2023 FY2023-2024.  313000.0000 Fund Balance Appropriated 313290.0000 Interest Earned 313350.0000 Miscellaneous Revenue 313670.0500 Sales Tax Refund 313670.0400 7% Sales Tax 313670.0500 Sales tax from State 313710.0000 Electric Charges. 313750.0100 DsconnectReconnect Fees  $0.00 $0.00 $5,000.00 $24,000.00 $176,210.00 $180,000.00 $61,000.00 $2,803,830.00 $2,879,648.00 $40,000.00 $3,110,040.00 $3,194,648.00  $0.00 $0.00 $5,000.00 $20,000.00 $60,000.00 $50,000.00  $25,000 $1,000 $0 $205,000 $60,000 $2,970,348 $30,000 $3,291,348 $3,291,348 $0  Expenditures Electric    Electric Expenditures 8100 31.8100 318100.0200 Salaries 318100.0210 Overtime 318100.0400 Services 318100.0500 FICA&401K 318100.0600 Insurance 318100.0700 Retirement 318100.0900 Travel & Training 318100.1100 Operating 318100.1110 Communications: 318100.1300 Utilities 318100.1400 Safety Boots 318100.1500 318100.1600 Repair- 318100.1700 Vehicle Expense 318100.1710 Fuel 318100.3200 Office Supplies 318100.3300 318100.3500 Uniforms 318100.3700 7% Sales Tax 318100.4800 Electricity for 318100.5400 PL&WC 318100.7300 Capital 318100.7400 Capital Outlay & 318100.8000 Ice Plant Loan 318100.9200 318100.9500 Electric Fund 318100.9700 Contingency  Manager FY2023-2024  Dept. Object Expense Budget FY2022- Recommend  Account  2023 $335,526.00 $ $41,516.00 $ $36,400.00 $ $36,077.00 $ $44,428.00 $ $30,667.00 $ $5,500.00 $ $35,750.00 $ $7,500.00 $  Approved Budget FY2023-2024  198,815 $ 35,000 $ 51,000 $ 22,665 $ 16,800 $ 25,687 $ 5,500 $ 6,000 $ 9,000 $ 9,000 $ 1,000 $ 8,000 $ 13,500 $ 28,000 $ 10,000 $ 500 $ 95,000 $ 1,900 $ 150,000 $ 2,149,110 $ 40,000 $ 89,000 $ 185,000 $ 27,472 $  198,815 35,000 51,000 22,665 16,800 25,687 5,500 6,000 9,000 9,000 1,000 8,000 13,500 28,000 10,000 500 95,000 1,900 150,000 2,149,110 40,000 89,000 185,000 27,472  Professional  Expenses  $ $ $  Maintenance & Repair-Building Maintenance & Equipment  $8,000.00 $ $20,000.00 $  $ $ $  Materials & Supplies  $81,500.00 $ $183,000.00 $ $1,992,223.00 $ $35,161.00 $ $190,000.00 $ $52,000.00 $ $19,400.00 $ $0.00 $0.00 $40,000.00 $ $3,194,648 $  Resale Improvements Equipment Internal Service Charging Operating Electric  113,399 $ 3,291,348 $  113,399 3,291,348    2023-2024 BUDGET ORDINANCE  BE IT ORDAINED by the Governing Board oft the Town of Hertford, North Carolina: SECTION 1: Itis estimated that thet following revenues will be available in the General Fund for the Fiscal Year beginning July 1, 2023, and ending June 30, 2024:  Ad' Valorem Taxes Other Taxes State Shared Revenues Investment Earnings Sales & Services Grant Revenues Payments from Other funds Miscellaneous  $767,730.00 $722,900.00 $155,000.00 $ 42,480.00 $240,300.00 $160,000.00 $ 0 $ 0 $2,088,410.00  SECTION 2: The following amounts are hereby appropriated in the General Fund for the operation oft the Town government and its activities for the Fiscal Year beginning July 1, 2023,  and ending June 30, 2024:  Administration Department Law Enforcement Fire Department Street Department Sanitation Department Non-Departmental NCDMV-License Plate Agency Cemetery Department Planning Department Main Street  $727,527.00 $350,000.00 $230,899.00 $396,024.00 $143,000.00 $ 10,000.00 $ 66,668.00 $ 52,500.00 $ 69,257.00 $42.535.00 $2,088,410.00  SECTION 3: Itis estimated that the following revenues will be available in the Water and Sewer  Fund for the Fiscal Year beginning July 1, 2023, and ending June 30, 2024:  Charges for Services Tap Fees Interest Earned Winfall Charges Miscellaneous (Riversound) Balance  $2,044,079.00 $ 2,000.00 $ 8,168.00 $ 144,000.00 $ 5,600.00 $2,203,847.00  SECTION 4: The following amounts are hereby appropriated int the Water and Sewer Fund for the operation of the' Water and Sewer Utilities for the Fiscal Year beginning July 1, 2023, and  ending June 30, 2024: Water Distribution Water Department  $ 70,420.00 $710,941.00 $446,420.00 $976.066.00 $2,203,847.00  Wastewater Collections Department Wastewater Treatment Department    SECTION 5: It is estimated that thei following revenues will be available in the Electric Fund for  the Fiscal Year beginning July 1, 2023, and ending June 30, 2024:  Charges for Services Connect/Disconnect Fees Other Operating Fees Fund Balance Appropriated  $2,970,348.00 $ 30,000.00 $_291.000.00 $3,291,348.00  SECTION 6: The following amounts are hereby appropriated in the Electric Fund for the operation of the electric utility for the Fiscal Year beginning July 1, 2023, and ending June 30,  2024:  Administration Cost of Power Electric Operations Loans Contingency  $ - 298,967.00 $2,149,110.00 702,400.00 27,472.00 - 113,399.00 3,291,348.00  SECTION7: There is hereby levied ai tax at the rate of sixty-five and al half cents ($0.655 per one hundred dollars ($100) valuation of the property as listed as of. January 2023, for the purpose of raising the revenue listed as Ad' Valorem Taxes in the General Fund in Section 1 of this ordinance. This rate is based on ai total estimated valuation of property for the purposes of SECTION 8: The Town Manager (Budget Officer) is hereby authorized to transfer appropriations as contained herein under the following conditions: A. The Town Manager may transfer amounts up to $3,000 between line-item expenditures within a department with an official report of such transfers being given B. The Town Manager may transfer amounts up to $1,000 between departments oft the same fund with an official report of such transfers being given at the next regular C. The Town Manager may not transfer any amounts between funds or from any contingency appropriation within any fund, except as approved by the Governing D. Capital Purchases in excess of $5,000 shall first be approved by the Town Council E. Purchases between $500 and $5,000 shall be recorded on an internal inventory SECTION 9: Copies of this Budget Ordinance shall be furnished to the Finance Officer and to the Budget Officer oft this town to keep on file by them for their direction in the disbursement of  taxation of $ 119,602,769 with a 98% collection rate.  at the next regular meeting of the Town Council  meeting of the Town Council  Body in the budget ordinance as amended. and registered as a fixed asset. managed by the Town Clerk.  funds.  Adopted this 12th day of June 2023 hptonhe Earnell Brown, Mayor una M. Quant Gina M. Durante, Town Clerk  TH  G