NORTH CAROLINA  Ofiii  Special Meeting of the Town Council June 23, 2020 6:30 pm in the Civic Center Agenda  1. Call to Order- Mayor Montgomery  2. Budget Amendment #21-Judy Gallman, Finance Director  3. Consideration of adoption of Proposed Budget Fiscal Year 2020/2021-Judy Gallman, Finance Director and Kenny Cole, Town Manager  4. Consideration of approval of Resolution adopting a CIP program for the Town of Jamestown for Fiscal Years 2020/2021 to 2024/2025-. Judy Gallman, Finance  Director 5. Adjournment  P.O. Box 848 Jamestown, NC27282  Tel(336)454-1138 Fax:(336)886-3504  wwwamestowr-negow    Mayor Lynn Montgomery Town Manager Kenneth C. Cole Town Attorney Beth Koonce  Council Members Martha Stafford Wolfe, Mayor Prol Tem Rebecca Mann Rayborn John Capes Lawrence Straughn  CAMESIOANN  TOWN OF. JAMESTOWN AGENDA ITEM  ITEMABSTRACT: Presentation of Proposed: 2020-21 Budget and CIP  AGENDAI ITEM#: INFORMATION ONLY  3  CONSENT. AGENDAITEM MEETING DATE: June 23, 2020 DEPARTMENT: Finance SUMMARY:  ACTIONITEM  ESTIMATEDT TIME FORI DISCUSSION: 20 Minutes  CONTACTPERSON: Judy Gallman  The proposed budget, a summary for all funds, and the budget ordinance isi included in your notebook, as well as the proposed CIP. An increase of 1.7 cents tot the property tax rate is included ini the proposed budget, which is needed as a pass-thru of the Pinecroft Projects of approximately $1.3 million arei included int the 2020-21 General Fund fiscal year budget. These are all included on the CIP, as well as about $2.6r millioni in sidewalk projects that are set up as capital project funds, sO do not impact the operating budget. Water: and sewer projects include approximately $2 million for Eastside Wastewater Treatment Plant and Riverdale Pump This budget calls for Fund balance to be used ina amounts of approximately $1.2 million int the General Fund and $1.9 million in the The proposed 2020-21 budget (total of all funds & excludingi inter-fund transfers) shows a 31% increase from the 2019-20 amended budget. The General Fund budget increased 9%, inp part due to $275,000 of streetr resurfacing planned in 2020-21; the water &  Sedgefield Fire District 1.72t tax rate increase. The Town will absorb the 02 cent difference. Water rates will remain unchanged, and sewer rates will decrease. approximately 14%.  Station improvements, as well as approximately $1.7 millioni in Town water and sewer improvements.  Water & Sewer Fund to fund capital items.  sewer budget increased 64% due to almost $4 million in capital improvements for water and sewer.  ATTACHMENTS: BUDGETARY IMPACT:  RECOWMENDATONACTON NEEDED: Adopt the budget ordinance for the 2020/21 fiscal year. SUGGESTEDI MOTION: Adopt the budget ordinance for the 2020/21 fiscal year, as presented.  FOLLOW UPACTIONNEEDED:  P.O. Box 848 . Jamestown, North Carolina 27282 Tel: (336) 454-1138 . Fax: (336) 886-3504    Mayor Lynn Montgomery Town Manager Kenneth C.C Cole Town Attorney Beth Koonce  Council Members Martha Stafford Wolfe, Mayor Prol Tem Rebecca Mann Rayborn John Capes Lawrence Straughn  CAMIESIOANN  TOWN OF JAMESTOWN AGENDA ITEM  TEMABSTRACT: Resolution Adopting CIP for FY 2020/2021 to 2024/2025  AGENDAITEM#: INFORMATION ONLY  4  CONSENT AGENDAITEM MEETINGDATE: June 23, 2020 DEPARTMENT: Finance SUMMARY:  ACTIONITEM  ESTIMATED TIME FORD DISCUSSION: 5Minutes  CONTACTPERSON: Judy Gallman, Finance Director  The CIP, which includes fiscal years 2020/2021 to 2024/2025, and also beyond 5 years, was presented at the. June Town Council Staffi is requesting that the Town Council approve the resolution to adopt the: 2020/2021 to 2024/2025 and beyond CIP for the Town  meeting. No changes were requested by Council.  of Jamestown.  ATTACHMENTS: Resolution adopting a CIP fort the Town of. Jamestown for FY: 2020/2021 to 2024/2025  RECOMMENDATION/ACTIONNEEDED: Staff recommends the approval oft the resolution adopting the CIPf for FY: 2020/2021 to 2024/2025 SUGGESTED! MOTION: Council Member makes a motion to approveldeny the resolution adopting a CIP for the Town of. Jamestown for  BUDGETARY IMPACT:  FY2020/2021 to 2024/2025  E  FOLLOW UPA ACTIONI NEEDED:  P.O. Box 848 . Jamestown, North Carolina 27282 Tel:(336)454-1138 e Fax: (336)8 886-3504  7    TYE CSelled 1752 OAMESTOWN NORTH CAROLINA  AR RESOLUTION ADOPTING A CAPITAL IMPROVEMENT PROGRAM FOR THE TOWN OF WHEREAS, capital planning and budgeting is central to delivery of essential services, economic development, transportation, communication, and management of quality of life; and WHEREAS, much of what is accomplished by a local government depends on a sound long-term WHEREAS, some capital projects and items require the issuance oft the debt that results in annual operating debt service repayment, as well as additional annual operating costs; and WHEREAS, these costs should be considered when determining which capital projects and NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town of Jamestown that the Capital Improvement Program for the fiscal years 2020/2021 through 2024/2025 is hereby BE IT FURTHER RESOLVED, that adoption of this Capital Improvement Program does not constitute approval of the projects listed therein. Each project will be evaluated individually and approval or disapproval given based on the merits oft the project. The Town Council directs Town staff to use the adopted document as a guide for proceeding with the implementation of  JAMESTOWN FOR FISCAL YEARS 2020/2021 TO 2024/2025  investment ini facilities, infrastructure, and equipment; and  items the Town of Jamestown will pursue;  adopted;  projects detail in fiscal years 2020/2021. Adopted this the 23rd day of June, 2020.  S. Lynn Montgomery, Mayor  ATTEST:  Katie Weiner, Town Clerk  P.O. Box 848 Jamestown, NC27282  Tel:(336)454-1138 Fax(336)886-3504  wwwjamestowr-negow