VILLAGE OF WALNUT CREEK Post Office Box 10911 Goldsboro, NC 27532 BUDGET ORDINANCE - FY2015 Be it ordained by the Village Council of the Village of Walnut Creek, North Carolina that: There is hereby levied the following rates of tax on each hundred dollars (100) valuation of taxable property, as listed for taxes as of January 1, 2014 for the purpose of raising revenue from current year's property tax to finance the appropriations following this ordinance: Fire Tax Rate $ General Fund: $ valuation: $158,732,969 Total Rate per $100 Valuation of Taxable Property $ 0.065 0.315 0.38 Such rates of tax are based on an estimated total assessed valuation of property for the purpose of taxation of $158,732,969 - at an estimated rate of collection of 100%. GENERAL FUND - REVENUES The following is a schedule of the estimated revenues anticipated by the Village of Walnut Creek for the fiscal year beginning July 1, 2014 and ending June 30, 2015. ALCOHOLIC BEVERAGE TAX ELECTRICITY FRANCHISE TAX LOCAL SALES & USE TAX Fire Tax Income Property Tax Revenue VEHICLE TAX BOAT PERMIT FEES BUILDING PERMIT FEES INTEREST/MISCELLANEOUS SOLID WASTE DISPOSAL TAX TRANSFER FROM UTILITIES - Services $ $ $ $ $ $ $ $ $ $ $ 4,200.00 63,000.00 265,000.00 103,176.43 500,008.85 48,000.00 7,500.00 1,000.00 1,200.00 450.00 183,590.00 TOTAL REVENUES $ 1,177,125.28 GENERAL FUND - EXPENDITURES There is hereby appropriated out of revenues for the operation of the Village of Walnut Creek and its activities for the fiscal year beginning July 1, 2013 and ending June 30, 2014 - according to the following schedule: 100 101 102 103 104 105 106 107 ADMINISTRATIVE CLERK ATTORNEY AUDIT GENERAL INSURANCE AND BONDS TELEPHONE-BEEPER & RENTAL POSTAGE GENERAL SUPPLIES & COPYING $ $ $ $ $ $ $ 35,875.00 10,000.00 10,500.00 76,000.00 4,600.00 2,300.00 5,000.00 108 110 111 112 113 115 120 125 130 132 135 136 140 141 142 155 160 116 117 118 DUES & MEETINGS TOWN MANAGER 401(k) Contribution - V of WC MAINTENANCE SUPERVISOR STATE RETIREMENT - V of WC FICA CONTRIBUTION - VWC CHIEF OF POLICE PATROL OFFICER MAINTENANCE PARTTIME MAINTENANCE PARTTIME PATROL OFFICER SALARY ADJUSTMENTS OFFICE ADMINISTRATION OFFICE MAINTENANCE BOARD OF ELECTIONS VILLAGE RELATIONS COUNCILMEMBERS EXPENSES FICA CONTRIBUTION - EMPLOYEES NC DEPT. OF REVENUE-STATE TAX W/H IRS / FEDERAL TAX W/H Sub-Total $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 9,300.00 57,594.75 6,400.00 55,949.63 36,800.00 22,800.00 44,069.88 40,902.63 32,604.23 20,899.75 4,650.00 6,000.00 9,341.00 5,500.00 1,700.00 100.00 498,886.87 200 201 202 203 204 210 220 230 240 250 260 270 BUILDINGS AND GROUNDS ELECTRICITY ROAD SIGNS ROAD MAINTENANCE FUELS - Maintenance EQUIPMENT MAINTENANCE ENTRANCE Maint. & Contracts EQUIPMENT PURCHASES ROADMAP PROJECTS PARKS & RECREATION SHOP SUPPLIES VILLAGE OWNED PROPERTIES Sub-Total $ $ $ $ $ $ $ $ $ $ $ $ 36,000.00 10,000.00 7,500.00 14,000.00 1,500.00 4,000.00 5,000.00 15,675.00 93,675.00 300 310 315 320 325 330 340 350 360 380 710 860 765 770 775 870 884 885 886 SERVICES FUELS - Security MEETINGS & TRAINING SUPPLIES - Security UNIFORMS FIRE DEPARTMENT GARBAGE COLLECTION RECYCLING RECEPTACLES CRIME WATCH PROJECT MOSQUITO CONTROL ADMINISTRATION/UTILITY GENERATOR MAINT CONTRACT WATER TANK MAINT CONTRACT EASTERN WAYNE SANITARY DISTRICT EMPLOYEE TRAINING/UTILITY FACILITIES/ENGINEERING/UTILITY LOAN - Lift Stations LOAN - Pump Station LOAN - Infrastructure Improvement Sub-Total $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 7,000.00 500.00 7,500.00 1,000.00 103,176.43 76,000.00 500.00 500.00 2,500.00 1,000.00 2,725.00 7,207.00 330.00 350.00 2,500.00 71,726.08 100,020.39 75,526.29 460,061.19 400 410 420 LAKE GEN. MAINTENANCE-AQUATIC WEED CONTROL REPAIR/IMPROVEMENT PROJECTS Sub-Total $ $ $ 45,200.00 5,000.00 50,200.00 500 540 PLANNING AND DEVELOPMENT ENGINEERING CONSULTANT FEE Sub-Total $ $ 2,000.00 2,000.00 600 610 611 620 MISCELLANEOUS GENERAL CONTINGENCY Long Range Planning Capital Asset Replacement Plan (CARP) Sub-Total $ $ $ $ 52,302.22 20,000.00 72,302.22 $ 1,177,125.28 Powell Bill Revenues 3316 DISBURSEMENTS FROM NC 3833 INTEREST $ $ 34,725.00 133.00 TOTAL REVENUES $ 34,858.00 Powell Bill Expenditures 5500 POWELL BILL EXPENDITURES $ 34,858.00 TOTAL EXPENDITURES $ 34,858.00 TOTAL EXPENSE POWELL BILL UTILITIES FUND The following is a schedule of the estimated revenues anticipated by the Village of Walnut Creek for the fiscal year beginning July 1, 2013 and ending June 30, 2014. Utility Revenues 791 WATER BASE FEES 792 RESIDENTIAL WATER USAGE FEES 793 COMMERCIAL WATER USAGE FEES 795 WATER RECONNECT FEE 796 WATER TAP-ON FEES 797 BACK FLOW DEVICES 895 BUSINESS SEWER FEES 896 RESIDENTIAL SEWER FEES 897 SEWER TAP-ON FEES 898 INTEREST 899 IMPACT FEES 900 MISCELLANEOUS $ $ $ $ $ $ $ $ $ $ $ $ 66,250.00 62,000.00 1,200.00 50.00 1,000.00 60.00 8,000.00 152,000.00 1,000.00 30.00 2,000.00 500.00 TOTAL REVENUES $ 294,090.00 Utility Expenditures 720 730 740 750 751 755 790 ELECTRICITY - WATER WELL MAINTENANCE ENVIRONMENTAL TESTING WATER METER MAINTENANCE WATER LINE REPAIR CHLORINE BELL SOUTH $ $ $ $ $ $ $ 6,800.00 4,500.00 3,500.00 300.00 1,500.00 2,000.00 1,100.00 825 840 841 842 860 888 ELECTRICITY - SEWER REGULAR MAINTENANCE - Lift Stations REGULAR MAINTENANCE - Pump Station & Force Main SEWAGE LINE REPAIR City of Goldsboro TREATMENT FEES OMNI-SITE $ $ $ $ $ $ 10,300.00 2,000.00 8,000.00 3,000.00 65,000.00 2,500.00 890 TRANSFER TO GENERAL FUND - Services $ 183,590.00 $ 294,090.00 TOTAL EXPENDITURES This Ordinance and the budget document shall be the basis of the financial plan for the Village of Walnut Creek during the 2014 - 2015 fiscal year. The Finance Officer shall administer the budget and shall insure that operating officials are provided guidance and sufficient details to implement their appropriate portion of the budget. The Finance Officer shall establish records which are in consonance with the budget and this Ordinance and the appropriate statutes of the State of North Carolina. The Finance Officer is hereby authorized to transfer appropriations as contained herein under the following conditions: a. Between monthly meetings, the Finance Officer, at the direction of the council member designated responsible for a department, may transfer amounts up to $1000/month between the line item expenditures within a department. These changes should not result in increases in recurring obligations such as salaries. The Finance Officer must make an official report on such transfers at the next regular meeting of the Village of Walnut Creek Village Council. b. No money may be transferred between departments or funds, except as approved by the Village of Walnut Creek Village Council in the Budget Ordinance as amended. The foregoing constitutes the Budget for the Village of Walnut Creek for the fiscal year beginning July 1, 2014 as adopted this 25th day of June, 2014. (attest) ___________________________ Sharon Geelen, Clerk ___________________________ Danny Jackson, Mayor