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HomeMy WebLinkAbout2025-20Resolution 2025-20 Adopting a Budget Establishing Appropriations for the Town of Pulaski, Virginia for the Fiscal Year Beginning July 1, 2025 and Ending June 30, 2026 WHEREAS, the Town Manager has presented to the Town Council of the Town of Pulaski a proposed budget for fiscal year 2025-2026; and, WHEREAS, a summary of the proposed budget for fiscal year 2025-2026 was published for informative and fiscal planning purposed, as well as to give notice of a public hearing subsequently held on May 20, 2025; and, NOW, THEREFORE be it RESOLVED, by the Town Council of the Town of Pulaski, Virginia sitting in regular session this 3Td day of June 2025 that the proposed budget, as summarized by category in Attachment A- Resolution 2025-20 titled Town of Pulaski Proposed Budget FY 2025-2026 attached hereto and expressly made part of this resolution, is hereby adopted. This resolution shall be effective July 1, 2025 and is hereby adopted this 3Td day of June 2025 by the duly recorded vote of the Town Council of the Town of Pulaski, Virginia as follows: Jeremy L. Clark- Aye G. Tyler Clontz- Aye Sunshine N. Cope- Aye Steven W. Erickson- Aye Brooks R. Dawson- Aye Joel B. Burchett- Aye Mayor Collins- Aye TOWN of PULAS , IRGINIA W. Shannon Collins Mayor ATT ST OlikiliC. Hale Clerk of Council Attachment A- Resolution 2025-20 Town of Pulaski Proposed Budget FY 2025-2026 PROPOSED BUDGET FY2025-2026 General Fund Revenues FY 2024-2025 FY 2025-2026 Property Taxes $ 3,410,500.00 $ 3,292,000.00 Local Taxes $ 3,754,000.00 $ 3,785,000.00 Permits $ 51,400.00 $ 55,800.00 Fines and Forfeitures $ 54,000.00 $ 59,500.00 Recreational Charges $ 22,000.00 $ 22,000.00 State Non -Categorical Aid $ 10,575.00 $ 15,000.00 State Categorical Aid $ 3,144,819.00 $ 3,274,269.00 Misc. Revenue $ 116,600.00 $ 189,225.00 Rental of Property $ 15,160.00 $ 10,000.00 Recovered Cost $ 32,000.00 $ 35,800.00 Other Financing Sources $ 32,000.00 $ 36,000.00 General Fund Revenues $ 10,643,054.00 $ 10,774,594.00 General Fund Expenditures FY 2024-2025 FY 2025-2026 Town Council $ 46,504.00 $ 46,204.00 Clerk of Council $ 73,409.00 $ 80,384.00 Mayor's Office $ 7,309.00 $ 7,309.00 Town Manager's Office $ 526,280.00 $ 418,230.00 Community Development $ 325,995.00 $ 85,375.00 Finance $ 577,810.00 $ 545,830.00 Administrative Services $ 1,011,070.00 $ 1,058,718.00 General Engineering $ 346,045.00 $ 276,926.00 Contributions $ 327,111.00 $ 325,023.00 IT Department $ 113,000.00 $ 123,180.00 Police Department $ 3,032,434.00 $ 3,155,649.00 Fire Department $ 1,003,729.00 $ 1,032,370.00 Building Inspection $ 84,312.00 $ 118,644.00 Highways, Streets, Bridges -Ineligible $ 158,000.00 $ 167,439.00 Highways, Streets, Bridges -Eligible $ 2,058,254.00 $ 2,078,596.00 General Property Maintenance $ 298,054.00 $ 294,308.00 Cemeteries $ 59,788.00 $ 54,325.00 Senior Center $ 103,231.00 $ 105,724.00 Motor Vehicle Maintenance $ 139,217.00 $ 139,017.00 Debt Service $ 89,327.00 $ 88,441.00 Train Station $ 18,175.00 $ 24,730.00 Town Wide Projects -Capital $ 244,000.00 $ 80,068.00 Capital Outlay $ - $ 169,029.00 Code Enforcement $ - $ 168,475.00 Parks & Trails $ - $ 130,600.00 General Fund Expenditures $ 10,643,054.00 $ 10,774,594.00 Water Fund Revenues FY 2024-2025 FY 2025-2026 Total Miscellaneous Revenue $ 27,000.00 $ 3,182,731.50 Total Utility Collections $ 2,626,115.37 $ 19,750.00 Total Water Fund Revenues $ 2,653,115.37 $ 3,202,481.50 Water Fund Expenditures FY 2024-2025 FY 2025-2026 Total Debt Service $ 390,192.37 $ 429,634.00 Total Water Trans. & Distribution $ 586,310.00 $ 610,075.00 Total Water Filtration & Purification $ 1,452,961.00 $ 1,534,399.00 Total Other Financing $ 223,652.00 $ 628,373.50 Total Water Fund Ex enditures $ 2,653,115.37 $ 3,202,481.50 Sewer Fund Revenue FY 2024-2025 FY 2025-2026 Total Miscellaneous Revenue $ 13,500.00 $ 23,200.00 Utility Collections Total $ 4,577,951.86 $ 4,849,435.00 Total Sewer Fund Revenues $ 4,591,451.86 $ 4,872,635.00 Sewer Fund Expenditures FY 2024=2025 FY 2025-2026 Total Debt Service $ 463,377.00 $ 508,373.40 Total Capital Outlay $ 50,000.00 $ 209,639.64 Total Sewer Collection $ 397,453.00 $ 427,590.00 Total Pepper's Ferry RWT Authority $ 3,425,507.00 $ 3,640,205.00 Total Other Financing Uses $ 255,114.86 $ 86,826.96 Total Sewer Fund Expenditures $ 4,591,451.86 $ 4,872,635.00 Solid Waste Revenue FY 2024-2025 FY 2025-2026 Solid Waste Collection $ 839,500.00 $ 839,500.00 Total Solid Waste Revenues $ 839,500.00 $ 839,500.00 Solid Waste Expenditures FY 2024-2025 FY 2025-2026 Residential Collections $ 600,000.00 $ 546,000.00