ORDINANCE NO. 244 AN ORDINANCE OF THE TOWN OF ENCHANTED OAKS, TEXAS APPROVING AND ADOPTING THE BUDGET FOR FISCAL YEAR 2024-25 AND PROVIDING BUDGETARI APPROPRIATIONS FOR THE VARIOUS FUNDS OF THE TOWN; SETTING AND ESTABLISHING CERTAIN FEES; AND PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF ENCHANTED OAKS, TEXAS: Section 1 That subject to the applicable provisions of State law, the. budget for the fiscal year beginning October 1, 2024 and ending September 30, 2025, containing estimates of resources and revenues for the year from all sources and the detailed estimates of expenditures desired for each project and operation proposed to be undertaken, together with estimated amounts of all other proposed expenditures, is hereby approved and adopted as provided in Exhibit A, attached hereto and incorporated herein for all purposes. Section 2 That the following fees are hereby set and established. Unless otherwise expressly provided, this Ordinance amends only the fee established by previous ordinance and does not amend the substantive term of any ordinance in which such fee was initially established or thereafter amended. Board of Adjustment appeal: $50 Zoning application: $50 Plat application: $50 Public information request: Standard Copies $1 single sided per page. Labor $25 per hour in half hour increments. Minimum fee $12.50. Overhead fee of not more than 25%. - Section 3 That this Ordinance shall take effect on October 1, 2024. PASSED AND APPROVED this 20 day of August, 2024. TOWN OF ENCHANTED OAKS, TEXAS P Mayor ATTEST: : Maqun Town Mojuu Sekcretary EXHIBIT "A" This budget will raise more total property taxes than last year's budget by $26,123 a 9% increase, and of that amount $4088 is tax revenue to be raised from new property added to the tax roll this year. ITEMIZATION OF CERTAIN EXPENDITURES REQUIRED BY SEC. 140.0045, TEX. LOCAL GOV'T CODE : Expenditures for notices required by law to be published in a newspaper by the Town: $50.00 Expenditures for directly or indirectly influencing or attempting to influence the outcome of legislation or administrative action, as those terms are defined in Section 305.003, Tex. Gov't Code: $0.00 RECORD VOTE OF EACH MEMBER OF THE TOWN COUNCIL VOTING ON ADOPTION OF THE BUDGET: Natalie Onate - Mayor For Against Don Agold For Against Sheila Hermes [Absent] Tim Johnson For Against Bill Grissom For Against Kim Cochran For Against TAX RATES: Property tax rate: $0.176514/100 (2024) $0.186908/100 (2023) No-new-revenue tax rate: $0.162471/100 No-new-revenue maintenance and operations tax rate: $0.163438/100 Voter-approval tax rate: $0.169158/100 (applies to higher-tax cities) De minimis tax rate: $0.476442/100 Debt rate: N/A Total amount of municipal debt obligations: None Town of Enchanted Oaks Budget, Fiscal Year ending September 30, 2025 Adopted August 20, 2024, Ordinance 244, Exhibit A, continued Adopted Actual 8 Months Annual Budget Forecast Budget Ordinary Income/Expense Oct 23- May 24 FYE 9-30-2024 FYE 9-30-2024 FYE 9-30-2025 Income EO Revenue Property Tax Collections 300,339.95 293,635.23 301,000.00 319,758.00 Franchise Taxes Collected 31,755.69 35,000.00 34,000.00 35,000.00 Interest Income 16,125.82 19,300.00 29,300.00 15,200.00 Building Permits 25,550.90 3,750.00 27,000.00 3,750.00 Road Use Fees 3,300.00 8,000.00 3,600.00 3,000.00 Enchanted Isles Dumpster Use 21,600.00 21,600.00 21,600.00 29,700.00 Enchanted Isles Boat Ramp Use 2,080.00 2,080.00 2,080.00 2,750.00 Keys-Boat Ramp Income 800.00 1,500.00 1,000.00 500.00 Keys-Pool Key Income 2,645.70 8,200.00 6,000.00 6,000.00 Keys-WMS Income 850.00 13,000.00 1,100.00 1,250.00 Mowing Charges 255.00 0.00 Replat Appl Fee 0.00 0.00 Fines Collected 0.00 0.00 Municipal Court Receipts 0.00 600.00 Total EO Revenue 405,303.06 406,665.23 426,680.00 416,908.00 Other Financing Sources Donations to City 0.00 Ladies Club Donations 0.00 Other Income 79.33 0.00 Funds from Retained Earnings 200,985.16 29,790.44 361,500.14 Total Other Financing Sources 79.33 200,985.16 29,790.44 361,500.14 Total Income 405,382.39 607,650.39 456,470.44 778,408.14 Gross Profit 405,382.39 607,650.39 456,470.44 778,408.14 Expense Capital Improvement Fund Waste Management 1,017.00 20,000.00 3,000.00 WMS Upgrades 18,310.00 140,000.00 19,000.00 120,000.00 Boat Ramps & Parks 900.00 0.00 900.00 Town Hall 1,632.99 6,000.00 3,500.00 Police Equipment 0.00 7,500.00 7,500.00 3,700.00 Emergency Management 34,750.00 Roads and Drainage 37,649.42 90,000.00 80,000.00 108,000.00 Pool 7,448.00 15,000.00 12,000.00 15,000.00 Trailer Parking 20,000.00 20,000.00 20,000.00 20,000.00 Police / Maintenenace Vehicle 0.00 0.00 80,000.00 Grounds Equipment 3,000.00 Office Equip & Misc 1,000.00 1,000.00 5,050.00 Total Capital Improvement Fund 86,957.41 299,500.00 146,900.00 389,500.00 Council Members CM Grissom- Roads/Drainage 44,276.82 20,000.00 46,000.00 24,000.00 CM Grissom-Road Use 0.00 2,000.00 2,000.00 2,000.00 Town of Enchanted Oaks Budget, Fiscal Year ending September 30, 2025 Adopted August 20, 2024, Ordinance 244, Exhibit A, continued Actual 8 Months Annual Budget Forecast Adopted Budget CM Agold- Pool Expense 8,579.36 16,000.00 14,000.00 16,000.00 CM Agold- Trailer Parking 728.00 1,000.00 1,000.00 1,000.00 CM Johnson-ParksaBR 1,286.44 4,000.00 4,000.00 4,000.00 CM Cochran - Maint Bldg/Grounds 2,932.74 3,700.00 3,700.00 3,700.00 CM Hermes-WMS & Beautification Republic Trash 25,993.82 41,800.00 41,993.82 43,472.00 WMS Maint 1,517.50 9,300.00 4,000.00 4,000.00 Flower Beds/Beautification 681.74 3,000.00 1,800.00 3,000.00 Total CM Hermes 28,193.06 54,100.00 47,793.82 50,472.00 Total Council Members 85,996.42 100,800.00 118,493.82 101,172.00 EO City Expenses Payroll Expenses 59,269.30 95,584.20 95,269.30 166,643.88 Payroll Tax Expense 4,937.68 7,616.19 7,621.54 13,052.26 Incentive Pay 400.00 400.00 400.00 1,000.00 Service Awards 0.00 Election Expense 2,000.00 2,000.00 2,000.00 HC Appraisal Dist 3,500.50 7,500.00 7,500.00 7,500.00 HC Tax Collector 469.80 500.00 470.00 500.00 Annual Audit 0.00 6,000.00 6,000.00 6,000.00 Municipal Court Costs 1,874.00 3,000.00 3,000.00 3,000.00 Legal & Professional Fees 406.51 4,000.00 3,000.00 4,000.00 Insurance Expense 6,287.50 8,500.00 8,500.00 8,840.00 Office Supplies & Expense 5,143.35 5,000.00 6,000.00 7,500.00 Trash/tree cleanup, landscaping 553.92 11,000.00 6,000.00 11,000.00 Maintenance - Equipment 2,060.15 4,800.00 4,800.00 4,800.00 Travel-Training 208.37 450.00 450.00 1,000.00 Utilities; Wi,Elect,Tel,Trash 15,515.78 30,000.00 24,715.78 30,000.00 Special Events 490.21 400.00 800.00 1,300.00 Card Process Fee 0.00 100.00 50.00 100.00 Other Expense 310.00 2,500.00 2,500.00 2,500.00 Total EO City Expenses 101,427.07 189,350.39 179,076.62 270,736.14 Police Dept. Expense Maintenance & Repairs-Facility 739.00 2,200.00 1,500.00 2,200.00 Maint, Repairs, Fuel - Vehicle 977.00 4,000.00 3,000.00 4,000.00 Communications & Technology 1,346.24 3,000.00 2,000.00 3,000.00 Office Supplies & Equipment 87.74 1,800.00 800.00 1,800.00 Training & Dues 108.00 500.00 500.00 500.00 Utilities-Electric & Water 2,495.52 6,000.00 3,700.00 5,000.00 Emergency Mgt 250.73 500.00 500.00 500.00 Total Police Dept. Expense 6,004.23 18,000.00 12,000.00 17,000.00 Total Expense 280,385.13 607,650.39 456,470.44 778,408.14 Net Ordinary Income 124,997.26 0.00 0.00 Net Income 124,997.26 0.00 0.00