ORDINANCE NO. 2013-360 AN ORDINANCE TO APPROPRIATE FUNDS AND ESTIMATE INCOME IN ACCORDANCE WITH THE BUDGET ADOPTED FOR FISCAL YEAR BEGINNINGJULY 1, 2013 AND ENDINGJ JUNE 30, 2014. Bei it ordained and Enacted by the Commissioners ofl Ridgely, Maryland that the following tax rates and fees revenue and expenditure estimates are enacted for Fiscal Year 2013 - 2014: Sec. 1 General Fund Sec. 2 RateofTaxation on Real Property Sec. 3 Rate ofTaxation on Business Personal Property Sec. 4 Service and Administration Fee Collected by Caroline County Tax Office Sec. 1 General Fund A. That the following amounts shall be and hereby are appropriated for the expenditures designated for the fiscal year beginning July 1,2013 and ending June 30, 2014 for the General Fund: Activity Title GENERAL GOVERNMENT General Administration General Government-1 Total Approved Budget And Appropriation 174,321 174,321 PUBLIC SAFETY Police Department Volunteer Fire Co. Grant Public Safety - Total 424,123 20,000 444,123 PUBLIC WORKS Street and Grounds (maintenance, lighting etc.) Trash Collection Parks Public Works Total 301,176 112,223 107,487 520,886 56,230 1,195,560 280,955 CONTINGENCY SEWER SYSTEM GENERAL FUND EXPENDITURES WATER: SYSTEM DEPRECIATION TOTAL APPROPRIATION 219,455 205,790 1,901,760 B. That the following revenues are, in the considered judgment oft the Town Commission, a fair appraisal and estimate oft the revenues available to finance this budget and these appropriations for the fiscal year beginning July 1,2013 and ending June 30, 2014. Source Taxes Estimated Revenues 777,000 138,420 147,815 132,325 300,650 405,550 1,901,760 Revenue from Other Agencies Loans Fines/Fees/Misc. Income Fees for Water Service Fees for Sewer Service Total FY 2013 Revenues Sec.2 Rate ofTaxation of Real Property That the rate oftaxation on real property to be taxed within the boundaries oft the Town of Ridgely, Maryland shall be and hereby is established as: Fifty eight and sixty one ($0.5861) On each one hundred dollars ($100.00) of value for the fiscal year beginning July 1, 2013 and including June 30, 2014 Sec.3 Rate ofTaxation on Business Personal Property That the rate oft taxation for the fiscal year beginning July 1, 2013 and including June 30, 2014 on any personal property tol be taxed by the Town ofRidgely, Maryland, shall be and hereby is established as: One Dollar and twenty seven cents ($1.275) On each one hundred dollars ($100.00) of assessed valuation, unless otherwise provided for by Article 81 ofthe Annotated Code ofl Maryland. Sec. 4 Service and Administration Fee Collected by Caroline County Tax Office That the rate ofs service and administrative fees on semi-annual billings assessed by the Caroline County Tax Office shall be established as: .29% Service Fee and 10% Administrative Fee. THE TOWN OF RIDGELY Anthony Çasey, Sh ohn Hurley, Commissioner E SLIBAL Leonards. Buckle, Commissioner ATTEST: 5 Stephapie/Berkey, Town Clerk-Treasurer Date Introduced: May 6, 2013 Date Passed: n3,2013 Effective Date: Junt / 23,2013