HomeMy WebLinkAbout2024-26Resolution 2024-26
Adopting a Budget Establishing Appropriations for the
Town of Pulaski, Virginia for the Fiscal Year
Beginning July 1, 2024 and Ending June 30, 2025
WHEREAS, the Town Manager has presented to the Town Council of the Town of Pulaski a
proposed budget for fiscal year 2024-2025; and,
WHEREAS, a summary of the proposed budget for fiscal year 2024-2025 was published for
informative and fiscal planning purposed, as well as to give notice of a public hearing
subsequently held on May 7, 2024; and,
NOW, THEREFORE be it RESOLVED, by the Town Council of the Town of Pulaski,
Virginia sitting in regular session this 4d' day of June 2024 that the proposed budget, as
summarized by category in Attachment A- Resolution 2024-26 titled Town of Pulaski Proposed
Budget FY 2024-2025 attached hereto and expressly made part of this resolution, is hereby
adopted.
This resolution shall be effective July 1, 2024 and is hereby adopted this 4t' day of June 2024 by
the duly recorded vote of the Town Council of the Town of Pulaski, Virginia as follows:
Gregory C. East- Aye
Jeremy L. Clark- Aye
Brooks R. Dawson- Aye
ATTEST
(0iA)(a. 0
Olivia C. Hale
Clerk of Council
James A. Radcliffe- Aye
G. Tyler Clontz- Aye
Michael P. Reis- Aye
TOWN of PULASKI, VIRGINIA
W. Shannon Collins
Mayor
Attachment A- Resolution 2024-26
Town of Pulaski Proposed Budget FY 2024-2025
PROPOSED BUDGET FY 2024 - 2025
General Fund Revenues
FY 2023-2024
FY 2024-2025
Property Taxes
$
3,374,631.00
$
3,410,500.00
Local Taxes
$
3,628,000.00
$
3,754,000.00
Permits
$
36,400.00
$
51,400.00
Fines and Forfeitures
$
14,000.00
$
54,000.00
Recreational Charges
$
22,000.00
$
22,000.00
State Non -Categorical Aid
$
9,700.00
$
10,575.00
State Categorical Aid
$
2,598,500.00
$
3,144,819.00
Misc. Revenue
$
72,500.00
$
116,600.00
Rental of Property
$
15,160.00
$
15,160.00
Recovered Cost
$
34,000.00
$
32,000.00
Other Financing Sources
$
32,000.00
$
32,000.00
General Fund Revenues
$
9,836,891.00
$
10,643,054.00
General Fund Expenditures
FY 2023-2024
FY 2024-2025
Town Council
$
45,004.00
$
46,504.00
Clerk of Council
$
71,401.00
$
73,409.00
Mayor's Office
$
7,279.00
$
7,309.00
Town Manager's Office
$
469,911.00
$
526,280.00
Community Development
$
293,612.00
$
325,995.00
Finance
$
559,190.00
$
577,810.00
Administrative Services
$
949,495.10
$
1,011,070.00
General Engineering
$
329,315.00
$
346,045.00
Contributions
$
259,509.20
$
327,111.00
IT Department
$
113,000.00
$
113,000.00
Police Department
$
2,775,544.00
$
3,032,434.00
Fire Department
$
953,905.00
$
1,003,729.00
Building Inspection
$
87,915.00
$
84,312.00
Highways, Streets, Bridges -Ineligible
$
163,335.00
$
158,000.00
Highways, Streets, Bridges -Eligible
$
1,846,434.00
$
2,058,254.00
General Property Maintenance
$
260,786.00
$
298,054.00
Cemeteries
$
58,056.00
$
59,788.00
Senior Center
$
94,894.00
$
103,231.00
Motor Vehicle Maintenance
$
135,214.00
$
139,217.00
Debt Service
$
97,539.00
$
89,327.00
Train Station
$
15,830.00
$
18,175.00
Town Wide Projects -Capital
$
249,722.70
$
244,000.00
General Fund Expenditures I $ 9,836,891.00 1 $ 10,643,054.00 I
Water Fund Revenues
FY 2023-2024
FY 2024-2025
Total Miscellaneous Revenue
$ 13,500.00
$ 27,000.00
Total Utility Collections
$ 2,536,542.20
$ 2,626,115.37
Total Water Fund Revenues
$ 2,550,042.20
$ 2,653,115.37
Water Fund Expenditures
FY 2023-2024
FY 2024-2025
Total Debt Service
$
205,468.00
$
390,192.37
Total Water Trans. & Distribution
$
584,479.00
$
586,310.00
Total Water Filtration & Purification
$
1,306,387.00
$
1,452,961.00
Total Other Financing
$
453,708.20
$
223,652.00
Total Water Fund Expenditures
$
2,550,042.20
$
2,653,115.37
Sewer Fund Revenue
FY 2023-2024
FY 2024-2025
Total Miscellaneous Revenue
$ -
$ 13,500.00
Utility Collections Total
$ 4,456,827.00
$ 4,577,951.86
Total Sewer Fund Revenues
$ 4,456,827.00
$ 4,591,451.86
Sewer Fund Expenditures
FY 2023-2024
FY 2024-2025
Total Debt Service
$
715,374.00
$
463,377.00
Total Capital Outlay
$
59,500.00
$
50,000.00
Total Sewer Collection
$
373,337.00
$
397,453.00
Total Pepper's Ferry RWT Authority
$
3,077,202.00
$
3,425,507.00
Total Other Financing Uses
$
231,414.00
$
255,114.86
Total Sewer Fund Expenditures
$
4,456,827.00
$
4,591,451.86
Solid Waste Revenue
FY 2023-2024
FY 2024-2025
Solid Waste Collection
$ 834,000.00
$ 839,500.00
Total Solid Waste Revenues
$ 834,000.00
$ 839,500.00
Solid Waste Expenditures
FY 2023-2024
FY 2024-2025
Residential Collections
$
675,000.00
$
600,000.00
Town Dum sters
$
16,140.00
$
24,000.00
Convenience Center
$
101,950.00
$
134,000.00
Total Other Financing Uses
$
40,910.00
$
81,500.00
Total Solid Waste Expenditures
$
834,000.00
$
839,500.00